18 Jun 2012

Nuplex raises $105 in private placement

1:05 pm on 18 June 2012

Nuplex has raised $105 million of debt through a private placement.

It plans to refinance the banking facilities it used to buy the operations of German resin maker Viverso late last year.

The chemicals and resins maker says the notes will mature in 2019 and will have a coupon rate of 6.125%.