Philip Lynch, Nomura’s Middle East and Africa chief executive, tells Euromoney his firm has been mandated on a yen-denominated sovereign debt issue from the Middle East, which will come to market in the next few months.
The mandate is a sign of the Japanese bank’s growing intent in the Middle East following its acquisition of Lehman Brothers’ European and Middle East business in September.
New licence
Nomura gained a licence from the Saudi Capital Markets Authority last month.
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