Hovensa Ducks for Bank Loan Cover

Phadungchai, Naruth
February 2000
Private Placement Letter;02/14/2000, Vol. 18 Issue 7, p2
Reports that BankAmerica, Barclays Bank and Bank of Nova Scotia are in the market with a credit facility for Hovensa LLC. Ratings given by Moody's Investors Service on the credit facility; Amount raised by the venture in a Rule 144A debt offering via Goldman, Sachs & Co.; Information on the bank loan sought by Hovensa.


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