BASF gets more cheap funding with €200m bond add-on

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BASF gets more cheap funding with €200m bond add-on

BASF, the German chemicals company, has sold a €200m tap on its existing 2021 bond — only two months after selling the €500m bond issue tightly. The add-on was priced at 101.27 with a spread of 33bp over mid-swaps on Tuesday.

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