Wednesday, April 30, 2008

Braskem could plan sales of US$500 mln of bonds in international markets

Preliminary talks about Latin Braskem SA planning to sell about US$500 mln of bonds in international markets to stretch out debt payments and help repay a bridge loan, are doing the rounds.
Americca's third- largest petrochemical company based in Sao Paulo, may sell the debt with maturities of seven to 10 years.

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