Issuing bonds after acquiring American steel for the first time! Nippon Steel's 90 billion yen financing is well-received, but the interest spread has reached a new high since 1998.

According to the Securities Times APP, Nippon Steel raised 90 billion yen (approximately 560 million US dollars) through the issuance of ordinary corporate bonds. This is the first time the company has issued ordinary corporate bonds since acquiring American Steel. Initially, Nippon Steel planned to raise about 50 billion yen, but eventually increased the issuance size to 90 billion yen due to strong investor demand.