TOKYO -- Orix will issue dollar-denominated bonds as early as April 13 to finance such operations as aircraft leasing.
The Japanese company will offer five-year notes carrying a 2.65% coupon. It is expected to raise $500 million.
This will mark Orix's first float of dollar-denominated debt since last July. The move is aimed at avoiding financial risks associated with exchange rate fluctuations.
(Nikkei)
