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Arch Chemicals Refinances Credit Line

9:30 AM MDT | May 18, 2011 | Vincent Valk

Arch Chemicals has finalized a new $375 million unsecured line of credit, which expires in 2016. The new facility replaces a previous $350 million credit line that was slated to expire next month. It will be used for general corporate purposes, the company says. "This refinancing, coupled with the $325 million of senior notes we have issued in the last two years and our $80 million accounts receivable securitization facility, provides us with financial flexibility to fund acquisitions, to make investments that drive organic growth and to support the global...

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