European banks are increasingly making their mark in Japan’s growing buyout financing sector, with France’s BNP Paribas emerging as a leading player in a market traditionally dominated by domestic megabanks, according to a report by the Financial Times.
The trend is increasing competition and helping reduce borrowing costs for PE deals in the country.
Renaud-Franck Falce, BNP’s head of global capital markets, noted that growing demand from European and US clients for Japanese buyouts has fuelled...
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