Timken Company 4.5% 15-DEC-2028Timken Company 4.5% 15-DEC-2028Timken Company 4.5% 15-DEC-2028

Timken Company 4.5% 15-DEC-2028

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TKR4669681 analysis



Key facts


Issue date
Sep 6, 2018
Maturity date
Dec 15, 2028
Outstanding amount
‪400.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
4.50% (Fixed)
Yield to maturity
5.11%
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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