Ineos drafts in FD to explain waiver

Mattinson, Alec
November 2008
PRWeek (London);11/28/2008, p10
Trade Publication
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.


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