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Norinchukin Weighs $7 7 Billion Fundraise to Cover Bond Loss

(Bloomberg) Norinchukin Bank is considering raising 1.2 trillion yen ($7.7 billion) to boost capital and cover losses arising from a plan to get rid of low-yielding foreign bonds, a person familiar the matter said.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteSpeedier Wall Street Trades Are Putting Global Finance On EdgeChina’s Housing Rescue Too Small to End Crisis, Analysts SayEven If Alito Is Right, the Upside-Down Flag Was WrongGantz Says He’ll Quit

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