SMBC Nikko Explores ¥100 Billion Mezzanine Fund for Japanese Acquisitions

SMBC Nikko is reportedly planning to create a ¥100 billion mezzanine fund to finance large acquisition deals within Japan. This fund would invest in subordinated loans and preferred shares, supporting transactions valued between ¥100 billion and ¥300 billion. The initiative aims to capitalize on the current surge in Japanese mergers and acquisitions, pending the securing of anchor investors.