Resolution Performance Products makes $7.5 million prepayment on term loan B

New York, Oct. 25 - Resolution Performance Products LLC said it made a voluntary prepayment of $7.5 million on its term loan B at the end of the third quarter.

The Houston manufacturer of epoxy resins, versatic acids and derivatives said the transaction brings voluntary repayments on its term loan B to $84.6 million and on its term loan A to $7.6 million since inception on Nov. 14, 2000. The company has also made $3.4 million of scheduled mandatory repayments on the loans.

Revolver borrowings have been reduced by $54 million, Resolution Performance Products added.

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