Chinese national chemical company ChemChina has attracted $20 billion, mostly by issuing perpetual bonds to Finance the purchase of the Swiss manufacturer of pesticides and seeds Syngenta.
ChemChina, which attracted short-term loans for the transaction a total value of $44 billion, restructurare funding. The company is required to refinance loans of about $20 billion over 18 months.
The investors were Chinese Bank Bank of China, which acquired the perpetual bonds by $10 billion, Chinese state-owned management company China Reform Holdings Corp. Ltd ($7 billion), the Chinese Bank Industrial Bank Co Ltd ($1 billion) and us Bank holding company Morgan Stanley ($2 billion).
Project acquisitions Syngenta became closer to completion after regulators last month gave the deal final approval and more than 90% of Syngenta's shareholders put their shares for sale.
Translated by service "Yandex.Translation"
