TIMKEN CO. 24/34TIMKEN CO. 24/34TIMKEN CO. 24/34

TIMKEN CO. 24/34

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Key terms


Outstanding amount
‪600.00 M‬EUR
Face value
1,000.00EUR
Minimum denomination
100,000.00EUR
Coupon
4.13% (Fixed)
Coupon frequency
Annual
Yield to maturity
4.25%
Maturity date
May 23, 2034
Term to maturity
9 years

About TIMKEN CO. 24/34


Sector
Producer Manufacturing
Industry
Industrial Machinery
Home page
Issue date
May 23, 2024
ISIN
XS2824606532
The Timken Co. engages in the engineering, manufacturing, and marketing of bearings and industrial motion products. In addition to bearings, it offers drives, belts, chains, lubrication systems, couplings, industrial clutches, and brakes. It operates through the Mobile and Process Industries segments. The Mobile Industries segment serves OEM and end-user customers with solutions that help move transportation forward efficiently. The Process Industries segment handles OEM and end-user customers in industries such as renewable energy, robotics and automation, and food production. The company was founded by Henry Timken in 1899 and is headquartered in North Canton, OH.
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