Thu 11/24/2022 12:27 PM
Holders of U.K.-based chemical maker Venator Materials’ $355 million term loan are working with Davis Polk & Wardwell as legal advisor and Houlihan Lokey as financial advisor for the company’s upcoming debt talks, sources told Reorg.
A group of creditors with cross-debt holdings are working with Lazard and Gibson Dunn, sources added. The company’s €355 million term loan is due in August 2024 followed by a $225 million senior secured notes and $375 million unsecured notes due in 2025.
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