By Jennifer Chiou
New York, Jan. 27 - Nomura America Finance, LLC priced $1 million of callable spread range accrual notes due Jan. 28, 2026 linked to the 30-year and two-year Constant Maturity Spread rates, according to a 424B2 with the Securities and Exchange Commission.
The notes will bear interest at 7.05% per year multiplied by the proportion of days on which the spread of the 30-year CMS rate over the two-year CMS rate is greater than or equal to the 0% strike level. Interest will be payable quarterly.
The payout at maturity will be par.
The notes are callable in whole or in part at par plus accrued interest beginning on Jan. 28, 2013.
Nomura Holdings, Inc. will guarantee the notes, and Nomura Securities International, Inc. is the agent.
| Issuer: | Nomura America Finance, LLC
|
| Issue: | Callable spread range accrual notes
|
| Amount: | $1 million
|
| Maturity: | Jan. 28, 2026
|
| Coupon: | 7.05% per year multiplied by proportion of days on which the spread of the 30-year CMS rate over the two-year CMS rate is greater than or equal to the 0% strike level; payable quarterly
|
| Price: | Par
|
| Payout at maturity: | Par
|
| Call option: | At par on interest payment dates beginning on Jan. 28, 2013
|
| Pricing date: | Jan. 25
|
| Settlement date: | Jan. 28
|
| Agent: | Nomura Securities International, Inc.
|
| Fees: | 3.5%
|
| Cusip: | 65539AAN0
|
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