TITLE

Ineos drafts in FD to explain waiver

AUTHOR(S)
Mattinson, Alec
PUB. DATE
November 2008
SOURCE
PRWeek (London);11/28/2008, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Ineos, the third biggest chemical company in the world, hired FD to explain the covenant waiver process. Affected by declining petrochemical prices, Ineos is looking to renegotiate more than £4 billion of bank loans. Ineos, with the help of FD, wants a banking syndicate which includes Barclays to agree with its deal-offer.
ACCESSION #
35752219

 

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