12:58 AM EDT, 07/29/2026 (MT Newswires) -- BASF (BAS.F) on Wednesday proposed to "significantly" cut net debt to bolster its balance sheet. The German chemicals company will redeem bonds and loans with a nominal volume of 1.6 billion euros in the third quarter, ahead of their due date. Additionally, the maturities of outstanding bonds will support deleveraging in 2026.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.