Capitalizing on an upgrade to iCapitalizing on an upgrade to investment grade by Standard & Poor’s and Moody’s and favorable market conditions, petrochemicals company Braskem successfully replaced expensive notes due 2014, 2015, and 2017. Following the operation, Braskem walked away with a newly issued $750 million 10-year bond, and a much improved debt amortization schedule.
“We eliminated previous references with competitive ones and paid a very low premium at...
Already have an account?
Subscribe now for unlimited access to all current and archive news, data and market analysis.
Take a free two-week trial now for the latest news, data and market analysis.