Degussa launches Euro750m ECP funding programme
28 October 2004 17:05 [Source: ICIS news]
FRANKFURT (CNI)--German speciality chemicals group Degussa has launched a Euro Commercial Paper (ECP) in the nominal amount of Euro750m (947m) to complement its funding instruments, CNI learned Thursday.
The group placed a ten-year Euro1.25bn bond in November 2003, and with the second paper now gains access to short-term institutional debt capital markets.
By: Dede Williams
+44 20 8652 3214
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