By Susanna Moon
Chicago, Jan. 20 - Nomura America Finance, LLC priced $4.5 million of callable range accrual notes due Jan. 20, 2026, according to a 424B2 filing with the Securities and Exchange Commission.
Interest will accrue at 7.125% per year on each day that Libor is 7% or less. Interest is payable quarterly.
The payout at maturity will be par.
The notes are callable at par on any interest payment date beginning Jan. 20, 2013.
Nomura Securities International, Inc. is the agent.
Issuer: | Nomura America Finance, LLC
|
Issue: | Callable range accrual notes
|
Amount: | $4.5 million
|
Maturity: | Jan. 20, 2026
|
Coupon: | 7.125% per year multiplied by proportion of days on which Libor is 7% or less; payable quarterly
|
Price: | Par
|
Payout at maturity: | Par
|
Call option: | At par on interest payment dates after two years
|
Pricing date: | Jan. 18
|
Settlement date: | Jan. 20
|
Agent: | Nomura Securities International, Inc.
|
Fees: | 3.5%
|
Cusip: | 65539AAF7
|
© 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.