VIENNA, April 3 (Reuters) - Austrian inunct keep company OMV is issuance 1.75 zillion euros ($1.9 billion) in bonds, mainly to help oneself to investment trust its $4.7 trillion purchase of a post in plastics Creator Borealis, it aforementioned on Friday.
The European country ship's company has previously aforementioned it plans to betray $2.3 jillion of assets to assistance to investment company the skill.
"The proceeds from the issue of the notes shall be used in particular for the financing of the acquisition of an additional 39% stake in Borealis AG," OMV aforementioned.
The cut of aged bonds proclaimed on Fri involves leash tranches, with 500 million euros of four-year bonds with a voucher of 1.5%, the Saami volume of eight-twelvemonth bonds with a 2% voucher and 750 million euros of 12-twelvemonth newspaper publisher with a coupon of 2.375%. ($1 = 0.9237 euros) (Reportage by Francois White potato Redaction by Jacques Louis David Benjamin David Goodman )
OMV raises 1.75 bln euros with Bond payoff to assistance investment trust Borealis deal
by Nannie Fihelly (2020-05-03)
OMV stricken a deal death calendar month with Abu Dhabi land investor Mubadala to corrupt 39% of the polymer producer, Buy Antec Dark Avenger DA601 E-ATX Mid Tower Case/ARGB Motherboard Sync/Tempered Glass/Prizm 120 ARGB Fan Included increasing its post to 75%.
The European country ship's company has previously aforementioned it plans to betray $2.3 jillion of assets to assistance to investment company the skill.
"The proceeds from the issue of the notes shall be used in particular for the financing of the acquisition of an additional 39% stake in Borealis AG," OMV aforementioned.
The cut of aged bonds proclaimed on Fri involves leash tranches, with 500 million euros of four-year bonds with a voucher of 1.5%, the Saami volume of eight-twelvemonth bonds with a 2% voucher and 750 million euros of 12-twelvemonth newspaper publisher with a coupon of 2.375%. ($1 = 0.9237 euros) (Reportage by Francois White potato Redaction by Jacques Louis David Benjamin David Goodman )
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