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Braskem extends curve with $500m buyback

Feb 3, 2014

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...

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