Skip to content
financeLOWQA2026-05-04 12:43 UTC

Banks Kick Off Sale of Junk Bonds Backing BASF Coatings Deal

Banks have kicked off the sale of roughly €1.95 billion-equivalent ($2.28 billion) of junk bonds to help finance BASF SE’s auto paint and finishing division acquisition by Carlyle Group Inc. and partner Qatar Investment Authority.

ORIGINAL SOURCE →via Bloomberg Markets
ADVERTISEMENT
⚡ STAY AHEAD

Events like this, convergence-verified across 689 sources, land in your inbox every Sunday. Free.

GET THE SUNDAY BRIEFING →

RELATED · QA