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Prospect News home > News index > List of issuers T > Headlines for Tenders 2007 > News item |
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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