Takahiko Hyuga

US insurer Aflac Inc. on Thursday sold a yen bond totaling ¥65.9 billion ($415 million) across four tranches, joining a wave of foreign issuers tapping Japan’s credit market.

(Bloomberg) -- US insurer Aflac Inc. on Thursday sold a yen bond totaling ¥65.9 billion ($415 million) across four tranches, joining a wave of foreign issuers tapping Japan's credit market.

(Bloomberg) -- US insurer Aflac Inc. on Thursday sold yen bonds totaling ¥65.9 billion ($415 million) across four tranches, joining a wave of foreign issuers tapping Japan’s credit market.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran Threatens to Retaliate Beyond Middle East If US AttacksNvidia Tells Skeptical Investors AI Is Ready to Go MainstreamGoldman CEO Slides Into Musk’s DMs Duri

SoftBank Group Corp. plans to raise ¥260 billion ($1.6 billion) through another sale of subordinated bonds aimed mainly at individual investors, about two months after a similar retail offering.

Credit Agricole SA set terms for ¥106.5 billion ($670 million) of samurai bonds, offering wider spreads than comparable domestic corporate debt amid rising benchmark yen rates.

SoftBank Group Corp. set terms for a subordinated bond offering with the highest coupon yet on its yen-denominated debt.

The yen-denominated bond sale is an early test of investor appetite for Japanese companies pursuing growth through large overseas acquisitions.

Japan’s regional banks are selling more senior bonds as the Bank of Japan’s latest interest-rate increase intensifies competition for deposits.

Japan’s weak currency caused the most bankruptcies for the first half of a year since 2022, underscoring the growing economic costs of the currency’s slump.

Data suggests smaller firms that employ most of Japan’s workers are finding it increasingly difficult to withstand the currency’s prolonged weakness.