LyondellBasell to Refinance $3 Billion in Debt; S&P Raises Rating to Investment Grade

16:42 PM | March 26, 2012 | Vincent Valk

LyondellBasell is issuing $3 billion in new senior debt that will be used to buy back three classes of outstanding notes due in 2017 and 2018. The currently outstanding notes have interest rates of 8%...