Nouryon spin-out launches debt package
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Nouryon spin-out launches debt package

Chemicals oil and gas refinery from Adobe 21Aug20 575x320

Nobian, the industrial chemicals unit of Nouryon, launched the debt package for its spinout on Friday, offering up a €1.19bn ESG-linked five year term loan 'B' through Credit Suisse, HSBC and JP Morgan. This will be followed by a bond deal, which is yet to be announced, to complete the €1.615bn senior secured financing.

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