Apr. 15, 2025
Info
NYK Determines Terms and Conditions of Transition Bonds
NYK has set the terms and conditions of the unsecured corporate bonds (transition bonds, No. 49) announced on March 28.
Transition Bond Summary
| Name | NYK Unsecured Corporate Bonds No. 49 (Transition Bonds) |
| Issuance amount | 16 billion yen |
| Maturity | 5 Years |
| Coupon rate | 1.241% per annum |
| Issue price | 100 yen per 100 yen of each bond |
| Payment date | April 21, 2025 |
| Maturity date | April 19, 2030 |
| Principal payment | Bullet redemption |
| Bond offering | Public offering |
| Secured or unsecured | Unsecured |
| Bond rating | AA- (Japan Credit Rating Agency) |
Prior to the execution of the transition financing, NYK obtained a second-party opinion from DNV regarding NYK’s financial framework.
Our Framework and External Evaluation
This press release has been prepared for the sole purpose of publicly announcing the Company’s issuance of the bonds and not for the purpose of soliciting investment or engaging in any other similar activities within or outside Japan.
The news on this website is as of the date announced and may change without notice.