We look at some of the registered structured notes issued by the Japanese bank in the US since its return to equity underlying assets a year ago.
SRP data logs 45 issuances with combined notional of US$180m by Nomura America Finance LLC since May 2024 when the bank returned to equity-linked shelf offerings after an 18-month hiatus as the sole Asian paper. This translates to an average issuance size of US$4m with the Equity-Linked Notes Amazon (65541KBP8) , which traded on 14 February 2025 on top on the back of US$42.1m in sales. Due on 24 February 2027, the 100% principal-protected note will only participate in the excess return o