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Chemical Week Magazine :: Top of the Week

March 3, 2008

Solutia Settlement Clears Path for Bankruptcy Exit

Kara Sissell

Solutia reached a settlement last week with lenders to fund its $2-billion exit financing package. The deal cleared the way for the company to emerge from Chapter 11 bankruptcy protection on February 28. Solutia had sued the lenders, which include affiliates...

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