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 facts


Issue date
May 8, 1998
Maturity date
May 8, 2028
Outstanding amount
‪100.00 M‬USD
Face value
1,000.00USD
Minimum denomination
1,000.00USD
Coupon
6.88% (Fixed)
Yield to maturity
4.75%
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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