Huntsman International amends loan, changing leverage and interest coverage covenants

By Sara Rosenberg

New York, Feb. 13 - Huntsman International recently amended its credit facility, modifying leverage and interest coverage covenants, through the second quarter of 2004, according to a filing with the Securities and Exchange Commission.

As of Dec. 31, the company had borrowings of $67 million under its $400 million revolver and $2 million outstanding in letters of credit issued.

Huntsman International comprises the largest share of the Huntsman family's holdings. Its businesses include polyurethanes, titanium dioxide, European petrochemicals, European surfactants, ethyleneamines and PO/MTBE.

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