Degussa picks lead arrangers

03 Jul 2003

Degussa, the German chemical company, is expected to announce today (Friday) the appointment of BNP Paribas, Commerzbank, Dresdner Kleinwort Wasserstein and JP Morgan as mandated lead arrangers and joint bookrunners on a Eu2bn loan.

The deal is likely to be a one step syndication.

Bankers said the facility will refinance existing bilateral lines and ...

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