Braskem extends curve with $500m buyback
Brazil’s Braskem said on Friday it would spend $500m buying back debt in a popular cash tender offer which was closed for early participants on Thursday. The Baa3/BBB-/BBB- rated borrower is to buy back 2017, 2018 and 2020 bonds in a deal designed to extend its maturity profile. The tender was...
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.