BASF Issues Over $1 Billion in Commercial Paper in Six Weeks (May 2002)

September, 2002

$45.00

BASF Aktiengesellschaft started using an electronic trade platform in the beginning of February 2002 to issue commercial paper via the Internet. BASF issued over $1 billion of commercial paper via the U.S. Internet marketplace cpmarket.com during the first six weeks of operation.