Lyondell calls $300 million 9 7/8% series B notes

By Caroline Salls

Pittsburgh, April 1 - Lyondell Chemical Co. said it will redeem $300 million of its 9 78% series B senior secured notes due 2007 on May 2 at a price of 102.469% of the principal amount.

Lyondell has now called $800 million of its debt since August 2004.

Lyondell is a Houston-based chemical company.

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