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The Japan Times
The Japan Times
@thejapantimes@mastodon.social  ·  activity timestamp 2 days ago

Nippon Steel says it has raised ¥600 billion from an upsize sale of convertible bonds — the biggest Japanese offering of its kind — to help repay loans taken out for its acquisition of United States Steel. https://www.japantimes.co.jp/business/2026/02/25/companies/nippon-steel-bond-sales/?utm_medium=Social&utm_source=mastodon #business #companies #nipponsteel #bonds #ussteel #steel #investments

The Japan Times

Nippon Steel raises ¥600 billion from bonds to repay U.S. Steel loans

Half of the bonds, which can be converted into stock, are set to mature in 2029, and the remainder, in 2031, according to a filing to the Finance Ministry.
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