E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/17/2011 in the Prospect News Bank Loan Daily.

FMC plans to use note proceeds to pay down revolving credit borrowings

By Ashley Montgomery

Kansas City, Kan., Nov. 17 - FMC Corp. said it intends to use the proceeds from its offering of senior notes due 2022 to pay down debt under its revolving credit agreement.

Proceeds will also be used for general corporate purposes, the company said.

FMC Corp. is a diversified chemical company based in Philadelphia.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.