New Issue: Nomura prices $10 million 1.72% income equity-linked notes on Yahoo

By Susanna Moon

Chicago, May 21 – Nomura America Finance, LLC priced $10 million of 1.72% income equity-linked securities due Nov. 22, 2016 linked to Yahoo! Inc. shares, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable quarterly.

If the Yahoo shares finish above the 112.5% upside participation trigger level, the payout at maturity will be par plus 80% of the gain in Yahoo shares.

If the stock gains by up to 12.5%, the payout will be par.

If the stock finishes below the initial level, the payout will be the greater of par plus the return and $750 per $1,000 principal amount.

Nomura Securities International, Inc. is the agent.

Issuer:	Nomura America Finance, LLC
Guarantor:	Nomura Holdings, Inc.
Issue:	Income equity-linked securities
Underlying stock:	Yahoo! Inc. (Nasdaq: YHOO)
Amount:	$10 million
Maturity:	Nov. 22, 2016
Coupon:	1.72%, payable quarterly
Price:	Par
Payout at maturity:	If stock gains by more than 12.5%, par plus 80% of gain; if stock gains by up to 12.5%, par; if stock falls, par plus return, floor of 75%
Initial level:	$44.436
Upside participation trigger:	$49.991, 112.5% of initial level
Pricing date:	May 20
Settlement date:	May 22
Agent:	Nomura Securities International, Inc.
Fees:	None
Cusip:	65539ABW9

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