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- Fitch Revises Outlook to Positive for Lyondell & Equistar; Affs Lyondell, Equistar & Millennium Rtgs
- CHICAGO -- Fitch Ratings has affirmed Lyondell Chemical Company's Lyondell senior secured credit facility rating at 'B+', Lyondell's senior secured notes at 'B+', and Lyondell's senior subordinated notes at 'B-'. Fitch has also affirmed the 'B+' rating on Equistar Chemicals L.P.'s Equistar senior secured credit facility, and the 'B-' rating...
- Research articles 2005-05-06
Additional Resources
- Initial Security has expanded its relationship with Lyondell Chemical Company/Equistar Chemicals L.P.(Partnerships And Deals)
- Initial Security has expanded its relationship with Lyondell Chemical Company/Equistar Chemicals L.P. to serve 26 locations across several states.
- Research articles 2005-02-01
- Lyondell lifts cash flow.(Lyondell Chemical Co. to acquire Occidental Petroleum Corp. share in Equistar Chemicals L.P.)(Brief Article)(Statistical Data Included)
- HOUSTON, TEXAS--Lyondell Chemical Co. is to raise its cash flow significantly, principally by acquiring Occidental Petroleum Corp.'s 29.5 percent share in Equistar Chemicals LP. Occidental will also purchase an equity investment position in Lyondell. Propylene oxide supplier Lyondell will use the cash proceeds from...
- Research articles 2002-02-01
- Fitch Affirms IDRs For Lyondell, Equistar & Millennium; Outlook Revised to Positive
- CHICAGO -- Fitch Ratings affirms the ratings for Lyondell Chemical Company Lyondell, Equistar Chemicals L.P. Equistar, Millennium Chemicals Inc. Millennium and Millennium America Inc. following Lyondell's announcement to sell its worldwide inorganic chemicals business for $1.2 billion, including the assumption of certain liabilities directly related to the business. The transaction...
- Research articles 2007-03-05
- Lyondell to acquire Oxy's stake in Equistar. (Petrochemicals).(Lyondell Chemical Co.; Occidental Petroleum Corp.; Equistar Chemicals L.P.)(Brief Article)(Statistical Data Included)
- LYONDELL CHEMICAL SAYS IT HAS reached a deal to acquire Occidental Petroleum's Oxy 29.5% share in Equistar in exchange for a 21% stake in Lyondell. Oxy will also receive warrants to purchase additional shares in Lyondell, and a payment of as much as $35 million depending on...
- Research articles 2002-02-06
- Fitch Affirms Lyondell & Equistar at 'B+'; Removes Rtg Watch Negative
- CHICAGO -- Fitch Ratings has affirmed Lyondell Chemical Company's Lyondell senior secured credit facility rating at 'B+', Lyondell's senior secured notes at 'B+', and Lyondell's senior subordinated notes at 'B-'. Fitch has also affirmed the 'B+' rating on Equistar Chemicals L.P.'s Equistar senior secured credit facility, and the 'B-' rating...
- Research articles 2004-11-05
- Fitch Affs Lyondell & Equistar at 'BB-'; Outlook Remains Negative
- Business Editors CHICAGO--BUSINESS WIRE--March 24, 2003 Fitch Ratings has affirmed Lyondell Chemical Company's Lyondell senior secured credit facility rating at 'BB-', Lyondell's senior secured notes at 'BB-', and Lyondell's senior subordinated notes 'B'. Fitch has also affirmed the 'BB-' rating on Equistar Chemicals L.P. Equistar senior secured credit...
- Research articles 2003-03-24
- Fitch Upgrades Lyondell & Equistar; Affirms Millennium
- CHICAGO -- Fitch Ratings has upgraded the following ratings for Lyondell Chemical Company Lyondell and Equistar Chemicals L.P. Equistar: Lyondell --Issuer default rating IDR to 'BB-' from 'B'; --Senior secured credit facility to 'BB+' from 'BB/RR1' (RR1 subsequently withdrawn); --Senior secured notes and debentures to 'BB+'...
- Research articles 2006-02-03
- Fitch Places Lyondell and Equistar Ratings on Rating Watch Evolving
- CHICAGO -- Fitch Ratings has placed the ratings of Lyondell Chemical Company Lyondell and Equistar Chemicals L.P. Equistar on Rating Watch Evolving following Lyondell's announcement earlier today that the auction process to sell Lyondell Citgo Refinery LP LCR was discontinued. Fitch currently rates Lyondell's and Equistar's debt as follows. ...
- Research articles 2006-07-21
- Fitch Affirms IDRs For Lyondell, Equistar & Millennium; Outlook Stable
- CHICAGO -- Fitch Ratings affirms and removes from Rating Watch Evolving the ratings for Lyondell Chemical Company Lyondell and Equistar Chemicals L.P. Equistar following Lyondell's announcement to acquire the remaining 41.25% interest held by Citgo Petroleum Corporation CITGO in Lyondell-Citgo Refinery LP LCR for $2.1 billion. The affirmed ratings are...
- Research articles 2006-08-17
- Fitch Ratings Affirms Ratings of Sunoco, Inc
- Business Editors CHICAGO--BUSINESS WIRE--March 28, 2003 Fitch Ratings has affirmed Sunoco Inc.'s senior unsecured debt rating of 'BBB'. In addition, Fitch has also affirmed the company's subordinated debt rating of 'BBB-' as well as its commercial paper rating of 'F2'. The Rating Outlook remains Stable. Sunoco announced...
- Research articles 2003-03-28
- Landuyt to Receive CEO Award.
- WILLIAM M. LANDUYT, chairman and CEO of Millennium Chemicals Inc., has been elected to receive the industry's ninth annual Kavaler Award for chemical CEO excellence. Wall Street analysts gave Mr. Landuyt high marks for implementing his strategy of value creation. They praised both his...
- Research articles 1998-08-10
- Enterprise Acquires Natural Gas Liquid Storage Facility.(Brief Article)
- Enterprise Products Partners L.P. (NYSE: EPD), Houston, Texas, has announced that its operating subsidiary has acquired a natural gas liquid ("NGL") storage facility from Equistar Chemicals, LP for approximately $3.4 million. The salt dome Enterprise Products Partners L.P. (NYSE: EPD), Houston, Texas, has announced...
- Research articles 2001-03-01
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