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Nippon Steel to Sell $3.5 Billion Worth of Convertible Bonds

February 24, 2026 at 07:12 AM
By Shoko Oda, Ryotaro Nakamaru
Nippon Steel to Sell $3.5 Billion Worth of Convertible Bonds
Nippon Steel Corp. intends to sell 550 billion yen ($3.5 billion) of convertible bonds in overseas markets, in order to raise funds to help repay loans taken out for its acquisition of United States Steel Corp.

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Nippon Steel Corp Nippon Steel Corp. intends to sell 550 billion yen ($3.5 billion) of convertible bonds in overseas markets, in order to raise funds to help repay loan Monitor developments in Nippon for further updates.

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Nippon Steel Corp intends to sell 550 billion yen ($3

Nippon Steel Corp. intends to sell 550 billion yen ($3.5 billion) of convertible bonds in overseas markets, in order to raise funds to help repay loans taken out for its acquisition of United States Steel Corp.
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