.png){kind=logo}
GC Asia
Evonik reaps €80m in institutional buyback, now for retail
Evonik Industries completed the first phase of a bond buyback on October 21, harvesting €80.304m of paper.
The German speciality chemicals group, which comprises former parts of RAG and Degussa, hopes to buy back up to €500m of its €1.25bn December 2013 bond, which was launched in 2003. It has excess cash and wants to reduce debt.
Dealer managers Commerzbank, Deutsche Bank and WestLB have now ...Already a subscriber? Login
-
Latest news from Corporate Bonds
-
King’s College seeks to raise cash with private placement
05 Mar 2021 -
ESG debt volumes up 59% in 2020 but pricing to tighten further
05 Mar 2021 -
UK edges ahead in race to claim world’s greenest central bank
04 Mar 2021 -
US credit market laughs at inflation
04 Mar 2021 -
Coca-Cola and Mondelez lead US names into euro market
04 Mar 2021
-
-
Latest news from Corporate Bonds
-
King’s College seeks to raise cash with private placement
05 Mar 2021 -
ESG debt volumes up 59% in 2020 but pricing to tighten further
05 Mar 2021 -
UK edges ahead in race to claim world’s greenest central bank
04 Mar 2021 -
US credit market laughs at inflation
04 Mar 2021 -
Coca-Cola and Mondelez lead US names into euro market
04 Mar 2021
-
