Sumitomo Metal Mining Co. Ltd., founded in 1950 and based in Tokyo, Japan, is a leading metals and mining company that focuses on the production and supply of metals, particularly gold, copper, and nickel. The company is dedicated to the exploration, mining, and smelting of resource materials and plays a vital role in the effective utilization of these resources.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SUMIMM 0.32% 2027-10-14 JPYSumitomo Metal Mining Co. Ltd. | Japan | 2027-10-14 | 0.315 | 1.15 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The issuer began its bond issuance program in the early 2000s, with notable issuances including its ¥30 billion bond in 2017, which was used to finance expansion projects. Currently, their bonds yield approximately 0.6%, which aligns well with the industry average for similar corporate entities. Unique to Sumitomo Metal Mining's bonds is the incorporation of green bond features aimed at promoting sustainable practices. Recent news highlights their plans to increase bond issuance in support of various strategic initiatives, reflecting the company's continued growth and commitment to enhancing its market presence.