LyondellBasell’s U.S. Operations and one of its European Holding Companies File Chapter 11 to Restructure Balance Sheet
Company Has Commitment for Significant DIP Financing Including $3.25 Billion of New Funding
09-Jan-2009 -
LyondellBasell Industries announced that, in order to facilitate a restructuring of its debts, its U.S. operations and one of its European holding companies have voluntarily filed to reorganize under Chapter 11 of the U.S. Bankruptcy Code. The company also announced that, pending Court approval, ...
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