Norway’s Yara International has sold out a $500m bond maturing over 10 years.

The LPG carrier owner and fertiliser producer said the interest is 3.8%.

“The offering was well received in the market,” it added.

The cash will go towards general corporate use.

This was Yara’s third US dollar 10-year notes offering, with two other sales of $500m each completed in 2009 and 2004.

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