debt
confidence high
sentiment neutral
materiality 0.50
Timken issues $350M of 4.125% Senior Notes due 2032
TIMKEN CO
- Offered $350M aggregate principal, 4.125% coupon, maturing in 2032.
- Senior unsecured notes issued under an indenture with U.S. Bank Trust Company.
- Underwriting syndicate led by BofA, J.P. Morgan, and Morgan Stanley.