Ex-Evonik Orion launches $390m PIK toggle
Orion Engineered Carbons, a German producer of carbon black, has launched $390m of cash PIK toggle notes. The former carbon black business from Evonik is already known in the high yield bond market, after its €602m-equivalent issue in 2011.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts