Japan's Suntory to sell $8 bln in debt to fund Beam buy
date:May 09, 2014
participating in the planned funding, the people said.

Of the subordinated loans, the state-run Japan Bank for International Cooperation (JBIC) is considering buying 200 billion yen worth, they said.

Suntory and JBIC spokeswomen declined to comment on the deal. Representatives of the lenders were not immediately available for comment.

Subordinated loans have a lower priority in terms of repayment if a borrower faces financial difficulties. As they are considered akin to equity, borrowers can
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