Nomura America Finance, LLC has filed a registration statement to offer $965,000 in Senior Global Medium-Term Notes. This offering is significant as it reflects the company's strategic efforts to bolster its capital structure in a competitive market.

The notes are fully and unconditionally guaranteed by Nomura Holdings, Inc. They are issuer redeemable contingent coupon barrier notes linked to the least performing of the Nasdaq-100 Index, the Russell 2000 Index, and the EURO STOXX 50 Index, due November 8, 2029.

Background

Nomura America Finance, LLC operates in the SIC category of Security Brokers, Dealers & Flotation Companies (SIC: 6211). The company is incorporated in Delaware and has its business address at Worldwide Plaza, 309 West 49th Street, New York, NY. The firm is a subsidiary of Nomura Holdings, Inc., which is also included in this filing as a guarantor.

What the Filing Says

The filing, made on November 5, 2026, outlines the terms of the notes, indicating that they will offer quarterly contingent coupon payments at a rate of 2.6375%, equivalent to 10.55% per annum, provided certain conditions are met. The notes are unsecured, and all payments are subject to the credit risk of Nomura America Finance and its parent company, Nomura Holdings.

Impact

This offering may affect a range of stakeholders, including investors looking for new opportunities in structured notes and financial institutions competing in the same market space. The contingent nature of the notes may attract risk-tolerant investors while posing challenges for those seeking more traditional fixed-income securities.

What's Next

The filing does not specify what happens next, but it indicates that Nomura Securities International, Inc., an affiliate, will act as the distribution agent for the notes.