LyondellBasell expects to repay term loan borrowings by year-end

By Sara Rosenberg

New York, Nov. 17 - LyondellBasell plans on paying down its $500 million senior term loan prior to the end of the year, according to a news release.

In addition, the company expects to redeem its $225 million of 8% senior secured notes and €37.5 million of 8% senior secured notes.

LyondellBasell is a Netherlands-based plastics, chemical and refining company.

© 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.