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Japan Bank for International Cooperation

Japan Bank for International Cooperation

Government financial institution

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Nippon Steel finances its U.S. Steel takeover

Money Moves

Lead lender in the permanent financing

Nippon Steel just borrowed money at its steepest cost in three decades. On June 10, 2026, the company sold ¥90 billion (about $560 million) of bonds, with the 10-year piece priced at a 3.202% coupon. That is its highest borrowing rate in roughly 30 years.

Updated 4 hours ago