By Cristal Cody
Chicago, March 23 – Nomura Holdings Inc. priced three tranches of notes in a $3.25 billion offering on Tuesday, according to a market source.
The first tranche of senior notes came packaged as a $1.25 billion issue with a 1.864% coupon and a maturity date of April 10, 2026. The notes priced with a spread of Treasuries plus 103 basis points. Price talk had the tranche in the Treasuries plus 130 bps area.
The issuer also sold $750 million of 2.471% senior notes due April 10, 2028 with a spread of Treasuries plus 120 bps. Talk had the tranche coming in the Treasuries plus 140 bps area.
The longer-dated 10-year tranche came sized at $1.25 billion with a 2.919% coupon and a spread of Treasuries plus 130 bps. The notes, due April 10, 2031, were talked in the Treasuries plus 155 bps area.
The notes are non-callable, according to a 424B5 filing with the Securities and Exchange Commission.
Nomura Securities International Inc. and Citigroup Global Markets Inc. are the bookrunners.
Proceeds will be used to make loans to subsidiaries, which will use the funds for general corporate purposes.
The financial holding company is based in Tokyo.
| Issuer: | Nomura Holdings Inc.
|
| Issue: | Senior notes
|
| Amount: | $3.25 billion
|
| Bookrunners: | Nomura Securities International Inc. and Citigroup Global Markets Inc.
|
| Trade date: | March 23
|
|
|
| 2026 notes
|
| Issue: | Senior notes
|
| Amount: | $1.25 billion
|
| Maturity: | April 10, 2026
|
| Coupon: | 1.864%
|
| Spread: | Treasuries plus 103 bps
|
| Call features: | Non-callable
|
| Price talk: | Treasuries plus 130 bps
|
|
|
| 2028 notes
|
| Issue: | Senior notes
|
| Amount: | $750 million
|
| Maturity: | April 10, 2028
|
| Coupon: | 2.471%
|
| Spread: | Treasuries plus 120 bps
|
| Call features: | Non-callable
|
| Price talk: | Treasuries plus 140 bps
|
|
|
| 2031 notes
|
| Issue: | Senior notes
|
| Amount: | $1.25 billion
|
| Maturity: | April 10, 2031
|
| Coupon: | 2.919%
|
| Spread: | Treasuries plus 130 bps
|
| Call features: | Non-callable
|
| Price talk: | Treasuries plus 155 bps
|
|
|
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