Our running tab of positive indicators remains at 15 out of 20 this week. As a result, we continue to post a green banner....
Moody's Investors Service (New York) has assigned a 'stable' outlook to LyondellBasell's debt, including $3.25 billion in new issuances. The new debt will be composed of $2.25 billion in first-priority seven-year notes, and a $1 billion term loan, Moody's...
Huntsman will issue $350 million in new senior subordinated debt in a private placement, the company says. The debt, which will be issued through the company's Huntsman International subsidiary, comes due in 2020 and has an interest rate of 8.625%. The...
Airgas will issue $300 million in new senior debt in a public offering, the company announced today. The will carry an interest rate of 2.85% and come due in 2013. It will go towards paying down the company's current revolving credit facility, which expires...
Momentive Performance Materials recorded a narrowed loss during the year ended December 31, 2009, the company announced today. Momentive's net loss totaled $41.8 million in 2009, compared to $997.1 million in 2008...
M&A activity will increase during 2010 after a down year in 2009, Tim Wilding, co-head/industrials at Oppenheimer Fund (New York) told an audience at a Chemical Marketing & Economics (CM&E) Group luncheon yesterday. "I think all the...
Solutia will issue $300 million in new senior debt in a public offering, the company announced today. The debt, which will be due in 2020, will be used to help fund the acquisition of solar cell encapsulant maker Etimex Solar, which was announced yesterday...
MACROECONOMIC STATUS Our running tab of positive indicators slipped by two to 15 out of 20 this week. As a result, we continue to post a green banner. Consumer Confidence ↓ 10.5 points to 46.0 New Home Sales ↓ 11.2%; ↓ 6.1% Y/Y Existing Home...
Proceeds from the IPO will partly finance the company's expansion plans....
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