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OCI plans roughly $300 million revolver draw for notes redemption
By Sara Rosenberg
New York, Sept. 29 – OCI NV plans on drawing about $300 million equivalent under its revolving credit facilities to help redeem notes due 2023, according to a market source.
Other funds for the redemption will come from the issuance of about $850 million equivalent U.S. and euro senior secured notes.
OCI is a Netherlands-based producer of fertilizers and chemicals.
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