Chemtura Corp (fka CHMT)

[fisherman2009]

There are many other options available besides an asset sale to pay off debt, a swap of debt for equity being just one of the options. The POR should give us some indication as to what means will be used to pay off debt. It's just a wait and see game from here on in, and saying that commons will not survive without an asset sale is a premature presumption. At one time I thought an asset sale was the most viable means for Chemtura to rid itself of debt, however now that Chemtura has become profitable the playing field has changed. Profitability gives them more options to work with. No one knows anything "for sure" right now, otherwise it would have already been recorded by the court. I think something will get leaked before the actual POR is released, however Rogerson thus far has given no indication that the other options are no longer being considered.