PPG plans euro bond after roadshows -leads

Glass and chemicals copmany PPG Industries Inc. (PPG.N: Quote, Profile, Research) plans to issue a eurobond after a European roadshow, the banks managing the sale said on Wednesday.

CSFB, HSBC and JP Morgan are managing the sale.

A banker familiar with the sale said that the bond would have an intermediate maturity and was to total 300 million euros ($369.1 million).

PPG is rated A2 by Moody's Investors Service and A by Standard & Poor's.

600450 PPG plans euro bond after roadshows -leads glassonweb.com

See more news about:

Others also read

Largest glass producer in North America doubles down on partnership, long-term thinking.
The massive energy savings potential of high performing windows remains largely untapped in the European Union.
Energy labelling has demonstrated to be among the most efficient way to promote energy savings and CO2 emission reductions awhile supporting the uptake of energy efficient products by empowering consumers.
SunGuard® coated solar control glass allows sunlight to pass through windows and façades while radiating and reflecting away a large proportion of the sun’s heat. This means indoor space remains bright and much cooler than if regular glass were used.
Partnership will preserve an additional 300,000m² of beach in 2018.
On 22 March, during the last General Assembly of Glass for Europe, Dr. Christian Quenett, Head of Architectural Glass Europe Pilkington Deutschland AG (NSG Group), has been elected Chairman of the Board of Directors of Glass for Europe.

Add new comment