Japan banks target growth in cooling U.S. high-yield debt market
When Japan’s biggest banks helped finance a $34 billion deal last year for medical supply maker Medline, one of the largest leveraged buyouts since the financial crisis, the famously cautious lenders signaled their ambitions in riskier, and more lucrative, low-grade U.S. debt. Mitsubishi UFJ Financial Group Inc (8306.T), Mizuho Financial Group Inc (8411.T), and Sumitomo … Read more