IHS Chemical Week

Markets :: Basic Chemicals :: Petrochemicals :: Butadiene

TPC Group issuing $655 million in bonds

2:47 PM MST | December 4, 2012 | Vincent Valk

TPC Group is issuing $655 million in senior secured bonds in a private placement, in connection with its $850-million buyout by private equity firms First Reserve (Houston) and SK Capital (New York). Proceeds from the bond issue will be used partly to fund the offering, partly to pay down debt, and partly to fund capital expansion projects.   The maturity date and interest rate of the new bonds has not been determined. Yesterday, Innospec, along with private equity firm Blackstone Capital Partners (New York), dropped its rival bid for TPC, clearing the way...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa