IHS Chemical Week

People & Business :: Companies

LyondellBasell Seeks Injunction Against Bondholders

2:32 PM MDT | September 1, 2009 | Vincent Valk

LyondellBasell is seeking an injunction to prevent certain debts from coming due later this month, which the company claims could force the liquidation of its European assets. Should the injunction not be approved, Lyondell's European assets will run out of operating cash by the end of October, necessitating a liquidation, according to a Lyondell court filing. Holders of the $1.3 billion in unsecured debt due August 2015 are currently prevented from receiving payment on the debt due to a 179-day "standstill" period, agreed to in March and scheduled to...

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 member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 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

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 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