IHS Chemical Week

People & Business :: Companies

Solutia Updates Bankuptcy Plan, Considers Sale of Company

8:35 AM MDT | July 30, 2007 | Robert Westervelt

Solutia says it provided bondholders with a draft plan of reorganization last month that would give bondholders a 48.7% stake in the company after it emerges from bankruptcy protection and completes a related equity-rights offering. The plans were disclosed in regulatory filings made in late December. Solutia filed for bankruptcy in December 2003, citing the cost of litigation, environmental remediation, and post-retirement benefits and liabilities assumed at the time of its 1997 spin-off from Monsanto. Creditors holding general unsecured claims against Solutia...

This information is only available to Chemical Week subscribers.


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

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




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