IHS Chemical Week

People & Business :: Companies

Huntsman Will Use Apollo Payments to Reduce Debt

11:30 AM MST | January 7, 2009 | Vincent Valk

Proceeds from the $1 billion dollar payment Huntsman received from Apollo Management in compensation for the termination of the Hexion deal will be used to help pay down Huntsman’s debt and increase liquidity, the company said....

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