Independent journal on economy and transport policy
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ABB carries to term with success an emission of bond for 2,5 billion dollars
Draft of more consisting the put into effect bond emission from the group
May 9, 2012
Helvetic group ABB has carried to term with success the emission of total bonds for 2,5 billion dollars realized through branch ABB Finance (the USA) Inc and started 3rd May. Draft of consisting emission than bond the more put into effect from the Swiss group and has been formed from obligations for 500 million dollars with yield of 1.625% and maturation in 2017, for 1,25 billion dollars with yield of 2.875% and maturation in 2022 and for 750 million dollars with yield of 4.375% and maturation in 2042.
ABB has explained that the obtained resources will come employees for the running management, included the acquisition of the Thomas & Betts Corporation, company leader in the North American market in the field of produced of lowland the tension.
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