Nickel Industries Ltd, founded in Australia, is a leading producer and exporter of nickel products, primarily serving the electric vehicle and renewable energy markets. The company's primary focus includes the mining, processing, and commercialization of nickel, which is essential for battery production in these rapidly growing sectors.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NICAU 11.25% 2028-10-21 USDNickel Industries Ltd | Australia | 2028-10-21 | 11.250 | 7.64 |
| NICAU 11.25% 2028-10-21 USDNickel Industries Ltd | Australia | 2028-10-21 | 11.250 | 7.59 |
| NICAU 9.00% 2030-09-30 USDNickel Industries Ltd | Australia | 2030-09-30 | 9.000 | 8.20 |
| NICAU 9.00% 2030-09-30 USDNickel Industries Ltd | Australia | 2030-09-30 | 9.000 | 8.07 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Nickel Industries has been active in the bond market since 2020, issuing its first tranche of bonds to support financing for expansion projects. Notably, the company issued A$200 million in bonds in 2021 to fund the development of its nickel processing facilities, which attracted significant interest from investors and achieved yields competitive with industry averages. As of 2023, current yields on Nickel Industries' bonds are around 4.5%, reflecting strong demand and investor confidence. The bonds are known for their callable features, allowing the company to redeem them earlier under favorable market conditions, with recent news indicating plans for a new issuance to further capitalize on market opportunities.