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Momentive noteholders hire counsel for any potential restructuring
By Kali Hays
New York, April 2 - Some holders of a substantial portion of Momentive Performance Materials' $1.1 billion of 8 7/8% first-lien notes due 2020 selected Dechert LLP as legal counsel in connection with any potential company restructuring, according to a Wednesday news release from Dechert.
Momentive is a silicones and advanced materials company based in Albany, N.Y.
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