IHS Chemical Week

Regions :: North America :: U.S.

Rockwood Issuing $750 Million in Senior Debt

9:28 AM MDT | September 19, 2012 | Vincent Valk

Rockwood is issuing $750 million in new senior unsecured debt due 2020, the company says. Moody’s has rated the debt ‘Ba2,’ a notch below Rockwood’s corporate credit rating. The $740 million in expected proceeds will be used for general corporate purposes, including acquisitions, capital expenditures, and debt repayment. A source close to the situation says the debt will fetch an interest rate of 4.75%, and that it has attracted strong interest from investors. U.S. seven-year treasuries are currently yielding 1.03%. Deutsche Bank, Morgan...

This information is only available to Chemical Week subscribers.


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

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © 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