BASF Coatings’ €3.9 Billion Debt Deal Lures Threefold Demand

A debt package for the auto paint and finishing division of European chemicals firm BASF SE drew demand of over three times the deal’s size, as investor interest in the...

By Claire Ruckin, Katherine Schwartz · Bloomberg Markets

A debt package for the auto paint and finishing division of European chemicals firm BASF SE drew demand of over three times the deal’s size, as investor interest in the troubled sector starts to revive after months in the doldrums.