Borealis: Intended New Bond Issue

Businessn.a. ♦ Published: June 14, 2012; 13:39 ♦ (Vindobona)

The Austrian chemcial company intends to issue corporate bonds of up to € 200m.

Borealis: Intended New Bond Issue / Picture: © Borealis

Borealis AG which has already one bond listed in the Second Regulated Market of the Vienna Stock Exchange, announces its intention to issue another corporate bond with an expected volume of € 100m (max € 200m) and tenor of seven years. The issuance is subject to positive market conditions and the prospectus approval.

The Vienna-based company is focused on providing plastic…