Entries tagged "LyondellBasell"
Luxembourg-registered, Netherlands-based LyondellBasell filed for Chapter 11 in New York, betting that its chances to reorganize would be greater.
The market for debtor-in-possession loans is alive, but it's expensive, picky and creditor-friendly -- yet DIPs are needed more than ever before.
Some financing markets are open, others are closed. The future remains desperately uncertain, but at least the patient shows signs of life.
Investors scoop up a handful of corporate bond offerings but remain very wary about loans.
