Skip to main content

Chemtura Sells Notes

The company peddles $400 million of 10-year senior notes.


(CEM) - Get ClearBridge MLP and Midstream Fund Inc. Report

, a specialty chemical maker, announced its offer of $400 million senior notes due in 2016.

The company intends to use the net proceeds to redeem its outstanding $164.8 million senior floating rate notes and also to reduce borrowings outstanding under its revolving credit facility.

Scroll to Continue

TheStreet Recommends

Credit Suisse and Citigroup are the lead managers of the offering.

This story was created through a joint venture between and IRIS.