Nippon Steel Corporation Announces Prepayment of Existing Loans with New Subordinated Term Loans

Reuters

07/03

<a href="https://laohu8.com/S/NISTF">Nippon Steel Corporation</a> Announces Prepayment of Existing Loans with New Subordinated Term Loans

Nippon Steel Corporation has announced the signing of committed subordinated term loan agreements totaling 500 billion yen. The loans are intended to repay short-term bridge loans used in the merger between Nippon Steel's U.S. subsidiary and United States Steel Corporation. Additionally, Nippon Steel plans to make a prepayment of 300 billion yen on existing subordinated term loans on July 22, 2025. The new loans, agreed upon on July 3, 2025, have a planned drawdown date of July 22, 2025, and a maturity date set for June 13, 2061, with optional prepayment possible from June 13, 2031, onwards.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nippon Steel Corporation published the original content used to generate this news brief on July 03, 2025, and is solely responsible for the information contained therein.

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The loans are intended to repay short-term bridge loans used in the merger between Nippon Steel's U.S. subsidiary and <a href=\"https://laohu8.com/S/X\">United States Steel</a> Corporation. Additionally, Nippon Steel plans to make a prepayment of 300 billion yen on existing subordinated term loans on July 22, 2025. The new loans, agreed upon on July 3, 2025, have a planned drawdown date of July 22, 2025, and a maturity date set for June 13, 2061, with optional prepayment possible from June 13, 2031, onwards.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nippon Steel Corporation published the original content used to generate this news brief on July 03, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4516","symbol_name":"特朗普概念","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250703:nNDL1bjDMd:1","article_id":"2548826943","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2548826943","pubTimestamp":1751515256,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Nippon Steel Corporation has announced the signing of committed subordinated term loan agreements totaling 500 billion yen. 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