Braskem plots return to debt market

Braskem plots return to debt market

Asset Management Bonds Debt Capital Markets Corporate & Sovereign Strategy Debenture Fixed Income Funds Rule 476 Brazil United States

Brazil's Braskem has met with investors in recent weeks to discuss a possible return to the bond market with up to $3bn in new notes, according to press reports.The local newspaper Valor Econômico reported that the petrochemical company intends to issue $2.5bn to $3bn in local and international notes. In Brazil, the local notes could price around 1.1% above the DI interbank lending rate, the newspaper said. In the United States, meanwhile, Braskem said it will relist its shares on the New York S

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