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Published on 10/24/2006 in the Prospect News High Yield Daily.

Lyondell announces redemption of outstanding 9½% notes

By Laura Lutz

Des Moines, Oct. 24 - Lyondell Chemical Co. called the entire $430 million outstanding principal amount of its 9½% senior secured notes due 2008.

The company will redeem the notes on Dec. 15 for 102.375% of par.

Houston-based Lyondell is a manufacturer of chemicals and gasoline-blending components.


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