Solutia Nabs $2B Bankruptcy-Exit Loan

Date: 5 November 2007
Source: Forbes

Date: 5 November 2007

Forbes reported that Solutia Inc., looking to exit Chapter 11 protection by the end of the year, has lined up a $2 billion bankruptcy-exit loan just two weeks after warning that tough times in credit markets were complicating its efforts to raise financing.

Forbes reported that Solutia Inc., looking to exit Chapter 11 protection by the end of the year, has lined up a $2 billion bankruptcy-exit loan just two weeks after warning that tough times in credit markets were complicating its efforts to raise financing.


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