Swiss specialty chemicals company Clariant said Tuesday it has raised Eur500 million ($637 million) through a five-year bond issue.
Proceeds from the offering, the third of Clariant's fundraising initiative over the past nine months, will be used for general corporate purposes, it said.
Clariant said the bond, which matures in January 2017, drew strong investor support and was "significantly oversubsribed" even on the back of the eurozone financial crisis.
