Rare Syngenta gets €750m in line with peers

By Jon Hay
27 Mar 2014

Syngenta, the Swiss agricultural chemicals group, enjoyed keen demand for a rare bond issue on Monday, thanks to its strong ratings and scarcity as a borrower.

“We were glad to get it done,” said a banker at one of the leads, Deutsche Bank, Mitsubishi UFJ Securities, Santander and UniCredit. “The equity market has not reacted nicely to the current economic data.”

European stocks fell 1.4% on the day on concerns about tension in Ukraine ...

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