Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

NYK taps bond market

NYK taps bond market

Tokyo: NYK Line will issue two sets of unsecured $315 million bonds in a public offering on August 11. The first bond issue comes with a five-year maturity and an annual coupon of 0.968 percent. The second one has a 10-year maturity and bears an annual coupon of 1.782 percent. Both offerings come with AA ratings. NYK suffered $262.7m losses in the first quarter as compared with a $610m profit in the same period last year. The line now anticipates full year losses of $52.5m, down from an earlier forecast of a $190m profit.  [06/08/09]

Hide comments
account-default-image

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish

SMN_Podcast_Leaderboard.jpg