Crompton Completes Exchange Offer of 8.5% Senior Notes.Business Editors GREENWICH Greenwich, borough, Greater London, England Greenwich (grĭn`īj, grĕn`–), outer borough (1991 pop. 200,800) of Greater London, SE England, on the Thames River. Manufactures include telephone equipment and underwater cable. , Conn.--(BUSINESS WIRE)--June 12, 2000 Crompton Corporation Crompton Corporation, formerly Crompton and Knowles, is a chemical research, production, sales and distribution company headquartered in Middlebury, Connecticut. The company produces specialty chemicals used for polymers, fire suppressants and retardants, pool and spa water (NYSE NYSE See: New York Stock Exchange : CK) announced today that it completed its previously announced offer to exchange $600 million of its 8.50% senior notes due 2005 that were sold in March 2000. These notes, which were not registered with the Securities and Exchange Commission for public trading, were exchanged for identical securities that are registered. The new notes are the same debt as the old notes, all $600 million of which were tendered for exchange. Crompton Corporation is a $3.1 billion global producer and marketer of polymer and specialty chemical A Specialty chemical is a chemical produced for a specialized use. They are produced in lower volume than bulk chemicals, of which petrochemicals, made from oil feedstocks, are the most common. However, both are produced in a chemical plant. products serving customers in 120 countries. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion