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Published on 7/6/2007 in the Prospect News High Yield Daily.

PolyOne to retire $141.37 million 10 5/8% notes

By Susanna Moon

Chicago, July 6 - PolyOne Corp. said it would redeem all of its outstanding $141.37 million of 10 5/8% senior notes due 2010.

Funding will come from selling its 24% stake in Oxy Vinyls, LP to Occidental Chemical Corp., a subsidiary of Occidental Petroleum Corp., for $261 million.

The issuer is a Cleveland-based polymer services company.


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