Solutia pays down $25 million on senior term loan in second quarter

By Melissa Kory

Cleveland, July 25 - Solutia Inc. said that it has paid down $102 million in debt in 2011, including a voluntary paydown of $25 million on its senior secured term loan in the second quarter ended June 30.

Solutia is a St. Louis-based performance materials and specialty chemicals company.

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