Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for Equate Petrochemical Co. KSCC > News item |
Equate Petrochemical sets roadshow for dollar benchmark notes
By Christine Van Dusen
Atlanta, Oct. 17 – Kuwait’s Equate Petrochemical Co. KSCC will set out on Oct. 20 for a roadshow to market a possible offering of dollar-denominated and benchmark-sized notes, a market source said.
Citigroup, HSBC, JPMorgan and NBK Capital are the global coordinators and joint bookrunners. Banca IMI, Mizuho Securities, MUFG and SMBC Nikko are also joint bookrunners for the Rule 144A and Regulation S deal.
The notes are expected to carry a tenor of between five and 10 years.
The roadshow will start in London and travel to Los Angeles and Boston before concluding on Oct. 26 in New York.
Equate is 85% owned by Petrochemical Industries Co. and Dow Chemical and produces essential chemical compounds as the largest petrochemical complex in Kuwait.
© 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.