Fujitsu spreads widen 30bp due to multiple woes

Its spreads were also hit by uncertainty over the state of its production plant in Northern Japan, which was closed for inspection following an earthquake on Monday. But another Tokyo-based credit derivatives trader said Fujitsu’s spreads were also affected by rumours the company would issue more convertible bonds. Fujitsu credit default swaps traded at 155bp-mid today.

The cost of protection on the technology company’s debt was already rising last week, when rating agency Standard & Poor’s

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: