Solvay issues EUR500-million hybrid bond

MOSCOW (MRC) -- Solvay says it has issued a new perpetual EUR500-million (USD591 million) hybrid bond, to be used for general corporate purposes, including the possible repayment of other indebtedness, according to Chemweek. The bond has a perpetual maturity with a first call date on 2 December 2025 and will pay a fixed coupon of 2.5% with corresponding yield of 2.625% until 2 March 2026

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