NTT DoCoMo to launch first domestic bond

The Japanese mobile phone giant NTT DoCoMo will next week issue Ñ200 billion of bonds to help fund its expansion programme.

NTT DoCoMo, Japan's largest mobile operator, will issue its first domestic bond deal next week with a Ñ200 billion ($1.7 billion) offering. The company has mandated Nomura Securities as lead manager on the transaction, with Morgan Stanley Dean Witter as co-lead.

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