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Chemical Week Magazine :: Newsbriefs
CF Industries dissuaded on MLP options, CFO says
8:19 AM MST | February 21, 2014
CF Industries CFO Dennis Kelleher said on the companyâ€™s fourth-quarter earnings call that early indications suggest that placement of existing assets in a master limited partnership (MLP) does not look â€śterribly compelling.â€ť The company had announced in December 2013 that it was â€śin discussions with financial advisors to evaluate [MLP] and MLP-like structures along with other financing options.â€ť The company said at the time that it was considering a number of third-party funding alternatives. However, the company says its existing assets have low tax...
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