Thyssenkrupp

News

Thyssenkrupp (TK) is one of the growing number of German companies which are seeking ratings in a bid to tap the international debt capital markets. To date, only a few have made the leap of faith from traditional relationships with banks to fully fledged issues but as domestic credit lines become increasingly expensive, the trend seems certain to gather pace.

For Thyssenkrupp, the move is symptomatic of the company’s need to lighten its e6.4 billion debt pile and lessen its heavy reliance on

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