Solvay wins huge book for €3.25bn senior and hybrid M&A financing

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Solvay wins huge book for €3.25bn senior and hybrid M&A financing

Raining euros

Solvay, the Belgian chemical company, pulled off a triumphant bond financing for its acquisition of Cytec Industries today, issuing five tranches of senior and hybrid bonds that drew €16.85bn of orders in total.

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