Equate Petrochemical raises USD1.6 bln via dual-tranche bonds
26.05.2020
MOSCOW (MRC)В -- Kuwait's Equate Petrochemical Company has recentlyВ raised USD1.6 billion through a dual-tranche bond offeringВ in the first public issuance in international debt markets by a Gulf company since February, reported Reuters.The company sold USD1 billion in five-year bonds with a 5% coupon and USD600 million in 10-year bonds at 5.875%, a document from one of the banks leadin