IHS Chemical Week

Services :: Distribution

Univar Issuing New Term Loan, Bonds to Refinance and Fund Dividend

9:35 AM MDT | May 17, 2012 | Vincent Valk

Univar is issuing $750 million in senior, unsecured bonds and a new $750 million term loan to fund a $1 billion debt refinancing and a $544 million dividend to the company’s owners. Private equity firms Clayton, Dubelier and Rice (CD&R; New York) and CVC Capital Partners (New York) each hold a 42.5% stake in Univar.   Moody’s Investors Service (New York) has rated the term loan ‘B2’ and the bonds ‘B3.’ Combined, the moves will increase Univar’s debt load by $725 million, but reduce the company’s interest...

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