Replies to post #26755 on Chemtura Corp (fka CHMT)

[utahguy2009]

Isn't there some other $170 million loan or something like that due this year also?

[rocketeer357]

Thanks MC. I think we'll see a re-fi of the 2009 bonds announced soon. If Chemtura owed the bond holders 5 million dollars, Chemtura would have a problem. When Chemtura owes the bondholders 370 million dollars, the bond holders have a problem.

Unsecured assets give Rogerson a lot of leverage when the parties sit around the table and hash out a deal.