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Published on 4/1/2003 in the Prospect News High Yield Daily.

Resolution Performance to sell $175 million seven-year notes

New York, April 1 - Resolution Performance Products LLC said it plans to sell $175 million senior second secured notes due 2010 in a Rule 144A offering.

The notes will be issued jointly with its subsidiary RPP Capital Corp.

The Houston epoxy resins manufacturer will use proceeds to repay bank debt and for general corporate purposes.

No further details were available at press time on the deal, which was announced late Tuesday.


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