Lyondell Chemical calls additional $100 million of 9 7/8% notes

Pittsburgh, Sept. 20 - Lyondell Chemical Co. called an additional $100 million of its 9 7/8% series B senior secured notes due 2007 at a price of 104.938% of par.

The redemption date is Oct. 20.

The company has now called a total of $200 million of the notes since resuming its debt reduction plan in August.

Lyondell is a Houston-based propylene oxide producer.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.