Air Products to refinance €300 million 3.75% eurobond via new issue

By Susanna Moon

Chicago, July 24 - Air Products and Chemicals Inc. plans to refinance its €300 million 3.75% eurobond due November 2013 with the proceeds of a U.S. or European public or private placement, according to a 10-Q filing with the Securities and Exchange Commission.

The bonds are classified as long-term debt because the company may refinance the debt under its $2.5 billion committed credit facility maturing in 2018.

Air Products is an industrial gas and chemical maker based in Allentown, Pa.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.