JTI smokes out strong demand in three markets on one day

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

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JTI smokes out strong demand in three markets on one day

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four hands of teens with thumbs up gestures and cigarettes | Photographer: Losevsky Pavel/Pavel Losevsky - stock.adobe.com

Japan Tobacco took the rare step of issuing corporate bonds in three different currencies on the same day when it sold its debut euro and sterling bond deals alongside a pair of dollar tranches this week. The unusual move proved to be a successful one however, with each tranche at least three times subscribed.

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