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..