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Süd-Chemie to make biofuel in Bavaria

Publisher
Elsevier Science
Year
2011
Weight
61 KB
Volume
2011
Category
Article
ISSN
1351-4180

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✦ Synopsis

convertible notes in a series of privately-negotiated transactions. As part of these transactions, the Company repurchased $19.9 M in principal amount of its 5.5% Notes and $8.5 M in principal amount of its 9% Notes, leaving an aggregate of $46.3 M in principal amount of 5.5% and 9% Notes outstanding. To effect this repurchase, the Company paid a total of $27.6 M in cash to a group of institutional investors, excluding accrued interest as of the closing date. The Company has repurchased $49.4 M in convertible notes since

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