SNF Floerger seeks tap of holding company's HY bond
SNF Floerger, the French polyacrylamide manufacturer, wants to tap its 5.5% June 2020 notes sold through its holding company SPCM for €100m.
The speciality chemicals company sold its original €300m bond issue in October 2012.The notes have traded strongly in recent months, reaching a six month high of nearly 109.2 at the close on Thursday, January 16. At the close on Monday, the bond was trading just ...
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