IHS Chemical Week

Chemical Week Magazine :: Newsbriefs

Solutia Poised to Emerge from Bankruptcy by Year-End

12:42 PM MDT | October 3, 2007 | Chemical Week Editorial Staff

Quinn: Exit from bankruptcy nears. Solutia says it expects to emerge from bankruptcy by year-end after reaching a settlement with all major parties in its Chapter 11 cases. The company will file a revised plan of reorganization within the next few days, Solutia chairman and CEO Jeffry Quinn said last week. The reorganization plan provides for $250 million of new investment in the company, which will be in the form of a rights offering to bondholders and general unsecured creditors, Solutia says. The rights offering will be backed by a group of Solutia’s...

This information is only available to Chemical Week subscribers.

Username:
Password:

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 © 2012 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