Sika cheers equity-linked with Sfr1.65bn CB
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EquityEquity-Linked

Sika cheers equity-linked with Sfr1.65bn CB

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Swiss speciality chemicals firm Sika turned to the equity-linked market this week to raise Sfr1.65bn. The trade was just what investors in the asset class have been crying out for in Europe, but it also served as a nifty corporate financing solution — funding the settlement of a four year long hostile takeover battle with French rival Saint-Gobain.

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