Olin Agrees to New Credit Facilities
Olin agreed to new credit facilities, subject to the Huntsman merger.
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12:23:32 PM UTC
SquawkNews
Olin entered into an amendment providing for a $750 million term loan and a $1.75 billion revolving credit facility, subject to the closing of its merger with Huntsman and other conditions. The five-year facilities are expected to refinance existing Olin and Huntsman debt, pay related costs and sup…