Georgia Gulf to Redeem More Debt

Georgia Gulf is planning to redeem $41.9 million in bonds that were due in 2016, the company says. The bonds will be redeemed on October 20 at a rate of $105.38 per $100 of face value. "Today’s announcement of $41.9 million of debt reduction is in addition to the $22.1 million we repaid in April 2011," says Georgia Gulf CEO Paul Carrico said. "We expect to use future excess cash flow to further reduce leverage, enhance shareholder value, and to invest and grow our...

This information is only available to Chemical Week subscribers.

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

Email Address First Name Last Name

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