Nissan completes €1.3 billion senior notes offering with no stabilization

Published 11/07/2025, 14:16
© Reuters.

LONDON - Nissan Motor Co., Ltd. (TYO:7201) has completed its €1.3 billion senior notes offering without any market stabilization measures, according to a notice issued by Morgan Stanley & Co (NYSE:MS). International PLC on Friday.

The Japanese automaker’s offering consisted of €800 million in 5.250% senior notes due 2029 and €500 million in 6.375% senior notes due 2033. Both tranches were priced at par value.

Morgan Stanley, which served as the stabilization manager for the transaction, confirmed that no stabilization activities were undertaken for the securities. Stabilization typically involves the temporary purchase of securities to prevent or slow their price decline during the initial offering period.

The notes were issued under Regulation S and Rule 144A formats, with separate International Securities Identification Numbers (ISINs) assigned to each format. The Regulation S notes are available to investors outside the United States, while the Rule 144A notes are offered to qualified institutional buyers within the U.S.

The securities have not been registered under the U.S. Securities Act of 1933 and cannot be offered or sold in the United States without registration or an exemption.

This information was disclosed in a post-stabilization announcement following the pre-stabilization notice dated July 7, 2025. The announcement was distributed through the Regulatory News Service (RNS) of the London Stock Exchange (LON:LSEG).

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