Clariant bond pulls in €3.3bn

Clariant, the Swiss chemicals company tipped as a private equity takeover target last month, yesterday sold a €600m ($719m) bond which was more than five times oversubscribed.

ABN Amro, Citigroup and UBS received more than €3.3bn in orders for the seven-year bond which is the first Clariant has sold in the international capital markets.

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