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 4/14/2003 in the Prospect News High Yield Daily.

Equistar to redeem $300 million 8½% '04 notes

Equistar Chemicals, LP said it will prepay $300 million of its 8½% bonds due 2004 using proceeds from an offering of $325 million senior notes due 2011 announced Monday. The new offering will also cover any prepayment premium.


© 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.