Nissan Poised to Offer Record-High Coupon in $4B Bond Sale
Bloomberg11 hours ago
Struggling carmaker Nissan Motor Co. is expected to sell some of its upcoming $4 billion foreign-currency bonds at a record-high coupon, piling more pressure on the struggling automaker's efforts to turnaround its business.
The 10-year dollar notes are being marketed at a yield of around 8.125%, according to people familiar with the matter. Its previous highest coupon was 7.5% on a 10-year bond issued in 1986, data from Bloomberg shows. Final pricing is expected later today.
The 10-year dollar notes are being marketed at a yield of around 8.125%, according to people familiar with the matter. Its previous highest coupon was 7.5% on a 10-year bond issued in 1986, data from Bloomberg shows. Final pricing is expected later today.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Entrepreneur
an hour ago
- Entrepreneur
Highlight: Global Britain Trade Expo with Uschi Baumann
Business News More people are shopping online this week, but so far, it hasn't led to more sales for some vendors. Here's what to know.
Entrepreneur
an hour ago
- Entrepreneur
Highlight: The Business Show with James Watt, founder of Brewdog
Business News More people are shopping online this week, but so far, it hasn't led to more sales for some vendors. Here's what to know.
Entrepreneur
an hour ago
- Entrepreneur
Highlight: Global Britain Trade Expo with Chris Crosby
Business News More people are shopping online this week, but so far, it hasn't led to more sales for some vendors. Here's what to know.
