Agrow is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By


MAI raises new funds

China National Chemical Corporation (ChemChina) subsidiary Makhteshim-Agan Industries (MAI) has raised NIS 1,100 million ($287 million at the current rate) through debentures sales. The funds are part debt re-structuring of debentures that matured in November 2011 and part for investment. The sale was oversubscribed with investors committing up to NIS 1,600 million ($417 million), which “underscores the confidence of Israeli investors in MAI”, the company says. A little over half of the new issue matures in over ten years, the rest in two and a half years. The company expects to complete the tender on January 16th.



What to read next




Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts