Ocp raises$1.55bn in bond sale

摘要

OCP has raised$1.55bn in a bond sale to help finance its ongoing$17bn investment plan,the company announced on 17 April. “We are pleased to have successfully priced this$1.55bn bond offering,underscoring the great opportunity ahead for OCP as a leading vertically integrated phosphate fertil- izer company.OCP’s ability to access the global financial markets in this way suggests great confidence on the part of bond investors in our strategy,its execution going forward and our ability to create value,”said Mostafa Terrab,Chair- man and Chief Executive Officer of OCP.