TSE:9048Transportation
Nagoya Railroad (TSE:9048) Just Gave Investors Something To Think About
Nagoya Railroad (TSE:9048) has just issued unsecured straight bonds with a 2.509% fixed coupon, due September 2, 2031, raising ¥13 billion. This new funding provides investors with an additional perspective on the company’s capital structure.
At a share price of ¥1,885.5, Nagoya Railroad has seen an 11.97% year to date share price return, while the 1 year total shareholder return of 11.35% contrasts with a weaker 3 year total shareholder return. This hints that momentum has picked up more...