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MEDIA-Covestro to pay 2 bln eur debt to Bayer soon -Euro am Sonntag
December 5, 2015 / 12:09 PM / 2 years ago

MEDIA-Covestro to pay 2 bln eur debt to Bayer soon -Euro am Sonntag

BERLIN, Dec 5 (Reuters) - ** German plastics maker Covestro aims to pay Bayer outstanding debt of 2 billion euros next year, finance chief Frank Lutz told German weekly Euro am Sonntag.

** Covestro, due to be added to Germany's MDAX index of mid-cap shares on Dec. 21, could issue bonds to fund the debt repayment over the near-term, Lutz said.

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