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Chemtura exit financing takes shape; loss narrows.(Financial report)
Chemtura received court approval for its $1.025 bn exit financing package in early Aug 2010. The amount will comprise a $295 M senior term loan and a $455 M bond issue. The rest of the financing package, totalling $275 M, will be in the form of an asset-guaranteed credit line. Chemtura posted a net loss from continuing operations of $41 M for …
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Magazine article from: Chemical Week
Valk, Vincent
August 16, 2010
700+ words
