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Ineos Asks Its Banks to Waive Debt Covenants (Update 2, adds analyst comment)

7:34 AM MST | November 17, 2008 | Ian Young

The proposed six-month deal is conditional on submission by Ineos of a new business plan....

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Comments (1) for Ineos Asks Its Banks to Waive Debt Covenants (Update 2, adds analyst comment)
"Normal" bottom of the cycle conditions may be briefly evident at the end of Q1 but will surely disappear when the wave of Saudi and Mideast new material hits the weak market...
Posted by Ibsen on Tuesday, November 18, 2008 @ 01:36 PM

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