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.