IHS Chemical Week

People & Business :: Energy and Feedstocks

Braskem Raises Funds to Buy Ipiranga Group

11:29 AM MDT | July 27, 2007 | Chemical Week Editorial Staff

Braskem (São Paulo) says it has secured up to $1.2 billion through a bridge loan to finance its part of the previously announced acquisition of the Ipiranga Group (São Paulo), a petrochemical, refinery, and fuel distribution firm. Braskem raised the funds in a “highly favorable market scenario, with excellent liquidity, guaranteeing attractive borrowing conditions and financial flexibility to Braskem,” Braskem says. The company will repay the two-year credit facility at interest rates only slightly above the London Interbank Offered...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers

 

 

 













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2012 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa