Thursday, December 11, 2008

Nova Chemicals amends terms of total return swap to improve financial flexibility

NOVA Chemicals recently announced that it has amended the terms of the total return swap with respect to the US$126 mln of Series A preferred shares of NOVA Chemicals Inc., to eliminate the stock pricce trigger by which the counter-party would have had the right to terminate the swap.

For more details on Nova Chemicals amends terms of total return swap to improve financial flexibility click here

Related Posts by Categories



Read daily plastics industry news at Plastemart.com

0 comments: