Johnson Matthey looks for PPs as dollars prove a safer bet

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Johnson Matthey looks for PPs as dollars prove a safer bet

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US Dollars Banknotes Macro Closeup Photo. Yellow-Blue Color Grading. | Tomasz Zajda - stock.adobe.com

UK chemicals firm Johnson Matthey is looking for a target of $300m US private placement funding, with arrangers more confident of selling dollar debt than euro or sterling flavours.

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