Daily News: March 27, 2013

Citi, Others Arrange $3B Revolver for BASF


Bloomberg reported, according to people with knowledge of the matter, that chemicals maker BASF raised a $3 billion revolving credit facility to replace a credit line maturing next year.

Bloomberg said, according to the people, Citigroup, ING Group, LBBW and Mizuho Financial Group arranged the transaction.

To read the entire Bloomberg story, click here.