St George Bank visits Japan bond investors-sources
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SYDNEY, April 16 (Reuters) - St. George Bank SGB.AX, Australia's fifth-largest lender, is starting a three-day non-deal roadshow on Wednesday in Tokyo, several market sources said.
Daiwa, Nikko Citigroup and UBS are hosting the presentations to potential Samurai bond investors.
Samurai bonds are yen-denominated bonds issued by foreign borrowers in Japan.
St. George, which has started the lengthy Samurai issue documentation process in Japan, could be in position to sell an inaugural Samurai bond later this year, according to bankers.
It is one of several likely candidates to enter the Japanese bond market, bankers say, following in the footsteps of Australia's top banks, which have already raised over $5 billion of Samurai bonds this year. See [ID:nSYD205503]. (Reporting by Cecile Lefort)
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