Arkema prices 10 year senior flat to curve

Chemical Structure
By Mike Turner
25 Nov 2019

Arkema, the French speciality chemicals and advanced materials company, launched a €500m no-grow benchmark bond on Monday, which it managed to price in line with its outstanding debt.

Arkema, rated Baa1/BBB+, launched the 10 year bond, expecting to use the proceeds to refinance its existing 3.85% April 2020 notes. 
Initial price talk was 100bp over mid-swaps. A banker on the transaction said a competing multi-tranche deal from US medical technology company Stryker had influenced the initial level. ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.