Brazil's Braskem mandates ABN Amro, Citigroup to lead bond financing

By Paul A. Harris

St. Louis, March 28 - Braskem SA mandated ABN Amro and Citigroup to lead an upcoming bond issue, according to market sources.

The size and structure on the issue is yet to be determined, according to one source, who added that the deal is not considered imminent and will likely not launch until the Latin American emerging markets stabilize.

Braskem is a Sao Paulo, Brazil-based petrochemical company.

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