Nomura Bought Controversial Venezuelan Bonds at Steep Discount
Japanese investment bank Nomura Securities bought about $100 million worth of Venezuelan government bonds last week as part of the same transaction that has landed Goldman Sachs Group Inc. in the thick of a political controversy.
Nomura’s trading arm paid about $30 million for the debt, a steep discount to where the troubled country’s bonds trade in the market, according to people familiar with the matter. Those are roughly the same terms on which Goldman’s asset-management arm bought $2.8 billion worth of the same bonds in a transaction brokered by an intermediary, The Wall Street Journal reported this week …. https://www.wsj.com
Source: http://luismmx.blogspot.com/2017/05/nomura-bought-controversial-venezuelan.html
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