Nidec Online News – Page 3 – I wish I had more to offer

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that two Nidec subsidiaries, Nidec Europe B.V. and Nidec Americas Holding Corporation will sell Nidec’s entire compressor business, Secop, to ESSVP IV L.P., ESSVP IV (Structured) L.P., and Silenos GmbH & Co. KG (collectively “ESSVP IV”), advised by Orlando Management AG (“the Transaction”).
This Transaction is made following Nidec’s commitment to the European Commission to sell certain of its compressor business lines to a suitable purchaser as condition for the European Commission’s approval of Nidec’s acquisition of Embraco from Whirlpool Corporation, which was obtained on April 12, 2019.
The current ..

Nidec Completes Acquisition of MS-Graessner GmbH & Co. KG and Its Group Companies

FOR IMMEDIATE RELEASE

Nidec Corporation

Tokyo Stock Exchange code: 6594

Contact:

Masahiro Nagayasu

General Manager

Investor Relations

+81-75-935-6140

ir@nidec.com

Released on September 3, 2018, in Kyoto, Japan

Nidec Completes Acquisition of MS-Graessner GmbH & Co. KG and
Its Group Companies

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) today announced that the Company has acquired 100% ownership of MS-Graessner GmbH & Co. KG and its group companies (collectively “Graessner”), a privately owned German company group from its owners on August 31, 2018 (the “Transaction”) through Nidec-Shimpo GmbH which is the Germany-based affiliate of Nidec’s subsidiary, Nidec-Shimpo Corporation (“Nidec-Shimpo”). Details are as follows:

1.Outline of Graessner

(1) Company Name:
MS-Graessner GmbH & Co. KG and its group companies

(2) Headquarters:
Dettenhausen, Baden-Württemberg Germany

(3) Foundation:

1955

(4) Directors:

Michael Stadler: CEO, ..

Nidec Decides Terms of Senior Unsecured Bonds Denominated in Euro

FOR IMMEDIATE RELEASE

Nidec Corporation

Tokyo Stock Exchange code: 6594

Contact:

Masahiro Nagayasu

General Manager

Investor Relations

+81-75-935-6140

ir@nidec.com

Released on September 21, 2018, in Kyoto, Japan

Nidec Decides Terms of Senior Unsecured Bonds
Denominated in Euro

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) today announced that it has decided the terms of inaugural senior unsecured bonds denominated in Euro (the “Bonds”) in the overseas securities markets. The key terms of the Bonds are described below.

Euro-denominated senior unsecured bonds due 2021

1. Total principal amount

€300 million

2. Term to maturity

3 years

3. Interest rate

0.487% per annum

4. Closing date

September 27, 2018 (Pricing date: September 20, 2018)

5. Use of Proceeds

Primarily for financing capital investments in Europe

6. Method of offering

To be listed on the Luxembourg Stock Exchange’s Euro MTF Market.

7. Rating

A3 from Moo..