Albemarle pays up for €700m euro debut

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Albemarle pays up for €700m euro debut

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Albemarle, the US speciality chemicals company, priced a €700m ($867.32m) seven year bond on Monday to finance its acquisition of Rockwood Holding, another US company. It is the latest in a spate of US corporate issues in euros, but Albemarle paid a high premium for its debut in the currency.

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