Timken Company 6.875% 08-MAY-2028Timken Company 6.875% 08-MAY-2028Timken Company 6.875% 08-MAY-2028

Timken Company 6.875% 08-MAY-2028

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Key terms


Outstanding amount
‪100.00 M‬USD
Face value
1,000.00USD
Minimum denomination
1,000.00USD
Coupon
6.88% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
5.54%
Maturity date
May 8, 2028
Term to maturity
3 years

About Timken Company 6.875% 08-MAY-2028


Sector
Producer Manufacturing
Industry
Industrial Machinery
Home page
Issue date
May 8, 1998
FIGI
BBG00005Y7K2
The Timken Co. engages in the engineering, manufacturing, and marketing of bearings and industrial motion products, and related services. It also offers drives, belts, chains, lubrication systems, couplings, industrial clutches, and brakes. The company operates through the following segments: Engineered Bearings and Industrial Motion. The Engineered Bearings segment offers a wide range of product designs serving original equipment manufacturers (OEMs) which include tapered, spherical, and cylindrical roller bearings, plain bearings, metal-polymer bearings and rod end bearings, thrust and specialty ball bearings, and housed or mounted bearings. The Industrial Motion segment offers a portfolio of engineered products, including industrial drives, automatic lubrication systems, linear motion products and systems, chains, belts, couplings, filtration systems and industrial clutches and brakes. The Timken Co. was founded by Henry Timken in 1899 and is headquartered in North Canton, OH.
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