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FMC Sells $300M Debt

11-25-2009 | Source: emii.com

People & Companies in the News

FMC, a Philadelphia-based chemical manufacturer, has raised $300 million in a note sale, Reuters reports. The notes, maturing on Dec. 15, 2019, will offer a coupon rate of 5.2%.

The notes were sold at a spread of 190 basis points, to yield 5.243%. The joint bookrunning managers on the sale were Bank of America and Citigroup.

Click here for the story from Reuters.

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