BASF maintains Eurodollar momentum with debut

Dollars
By Ross Lancaster
10 Jan 2017

The treasury team at BASF, the German chemicals producer, kept up a high level of capital markets activity on Tuesday as it targeted a debut transaction in the Eurodollar market.

After issuing a £300m long eight year deal in the sterling market last week, the A1/A/A rated company announced a minimum $300m five year Eurodollar deal.

The deal came one day after Credit Suisse, Goldman Sachs, TD Securities and UBS cleared a $650m five year ...

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