IHS Chemical Week

Services :: Financial

Ecolab to Redeem Nalco Debt

11:45 AM MST | December 12, 2011 | Vincent Valk

Ecolab has announced that it will redeem all of Nalco’s outstanding senior debt in January. The debt consists of three classes, worth $500 million, $750 million, and 200 million euro ($268 million), with interest rates of 8.25%, 6.625% and 6.875%, respectively. They are due in 2017 and 2019.   After closing on the acquisition of Nalco earlier this month, Ecolab issued $3.75 billion in new debt in four classes. Ecolab’s new debt carries lower interest rates than the old Nalco debt, and the company said that it intends to use the new bonds to take...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


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