Cases & Deals

Timken Company completes $400 million public offering of Senior Notes

Clients Timken Company, The

Jones Day represented The Timken Company, a world leader in engineered bearings and power transmission products, in connection with its underwritten public offering of $400 million of 4.500% Senior Notes due 2028. The Timken Company intends to use the net proceeds from the sale of the notes, along with cash on hand and other long-term debt, to finance the recently announced acquisitions of Cone Drive and Rollon Group.