Sabic Europe BV, a 100 per cent indirectly owned Dutch subsidiary of Sabic, is planning a euro-denominated, bechmark-sized bond as its debut issue, one of the lead managers on the deal said.

The company has roadshowing the issue in Asia and Europe via joint lead managers HSBC and JPMorgan.
The senior, unsecured, Reg S bonds are to have an intermediate maturity and will be listed in London. The issuer is rated BBB by Standard & Poor’s Corp and A by Fitch Ratings.