Global
Investors
Commercial Paper Program
The global commercial paper program has an issuing volume of up to $12.5 billion. The program gives access to both the USCP and ECP market. BASF always enjoyed full access to the commercial paper market on attractive terms, also during the financial crisis. BASF’s external financing is therefore largely independent of short-term fluctuations in the credit markets.
Issuer |
BASF SE |
Program volume |
12,500,000,000 USD |
Arranger |
Citigroup Global Markets Limited |
ECP Dealers |
Barclays Bank Ireland PLC; Citigroup Global Markets Limited; Citigroup Global Markets Europe AG; Credit Suisse Securities (Europe) Limited; Credit Suisse Securities Sociedad de Valores S.A.; ING Bank N.V; J.P. Morgan SE; NatWest Markets N.V.; UBS AG |
ECP Agent |
The Bank of New York Mellon, London Branch |
USCP Dealers |
Barclays Capital Inc.; BNY Mellon Capital Markets, LLC.; BofA Securities, Inc.; Citigroup Global Markets Inc.; Credit Suisse Securities (USA) LLC; Goldman Sachs & Co. LLC; J.P. Morgan Securities LLC; Mizuho Securities USA LLC; RBC Capital Markets, LLC |
USCP Agent |
Deutsche Bank Trust Company Americas |
As back-up for the commercial paper program, there are committed, broadly syndicated credit lines of €6 billion available.