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Published on 12/14/2004 in the Prospect News High Yield Daily.

Lyondell calls $200 million 9 7/8% series B notes

By Caroline Salls

Pittsburgh, Dec. 14 - Lyondell Chemical Co. said it will redeem an additional $200 million of its 9 7/8% series B senior secured notes due 2007 at a price of 104.938% of par on Jan. 13.

Lyondell has now called $500 million of its debt since resuming its debt reduction plan in August.

Lyondell is a Houston-based chemical company.


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