Robert Bosch Gmbh, a German engineering firm and auto part maker, is set to raise at least $750m through a privately placed bond deal which taps into the US private placement market, according to a report by Bloomberg.
Citing unnamed sources familiar with the matter, the report said that the sale is being managed by Bank of America Corp. and Mizuho Securities. The conclusion of the sale process is anticipated in the coming weeks.
No other details or comments from the company were disclosed.
