E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 7/6/2021 in the Prospect News Investment Grade Daily.

New Issue: Nomura prices $3.25 billion of notes due in five, seven, 10 years

By Wendy Van Sickle and Cristal Cody

Columbus, Ohio, July 6 – Nomura Holdings Inc. priced $3.25 billion of fixed-rate notes in three tranches on Tuesday, according to a 424B5 filing with the Securities and Exchange Commission and a market source.

The company priced $1.25 billion of 1.653% five-year notes at Treasuries plus 85 basis points compared to talk in the Treasuries plus 105 bps area.

Nomura also priced $1 billion of 2.172% seven-year notes at Treasuries plus 105 bps versus talk in the Treasuries plus 125 bps area.

The issuer priced $1 billion of 2.608% 10-year notes at Treasuries plus 125 bps versus talk in the Treasuries plus 145 bps area.

The notes are non-callable.

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:Fixed-rate notes
Amount:$3.25 billion
Bookrunners:Nomura Securities International Inc. and Citigroup Global Markets Inc.
Call option:Non-callable
Pricing date:July 6
Five-year notes
Amount:$1.25 billion
Maturity:July 14, 2026
Coupon:1.653%
Spread:Treasuries plus 85 bps
Talk:Treasuries plus 105 bps area
Seven-year notes
Amount:$1 billion
Maturity:July 14, 2028
Coupon:2.172%
Spread:Treasuries plus 105 bps
Talk:Treasuries plus 125 bps area
10-year notes
Amount:$1 billion
Maturity:July 14, 2031
Coupon:2.608%
Spread:Treasuries plus 125 bps
Talk:Treasuries plus 145 bps area

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.