A trust would handle environmental claims that pushed the former Kerr-McGee subsidiary into bankruptcy.
The firm, whose deals have included healthcare software provider EMIS and mining house Vallar, says further transactions are in the pipeline.
Newell Rubbermaid launched an exchange offer as part of a large refinancing effort, the Atlanta-based company said. It initially announced the effort Aug. 2.
Proceeds from the $175 million loan, along with a $30 million revolver, to back its acquisition by BAML Capital.
Chemtura plans to use the proceeds from the notes, shopped by a bank group consisting of Bank of America Merrill Lynch, Citigroup, Wells Fargo and Barclays, to help it exit bankruptcy.
Fourteen years ago, Smith Barney veteran Robert Greenhill decided he would only provide advice. It is a formula that resonates with clients today.
Issuers look to refinance existing debt or pay for acquisitions with convertible debt transactions.
The U.S. Department of Transportation this week issued guidance on how state and local governments should apply for $600 million for projects under a competitive discretionary grant program.
Using the heft of its Canadian parent as a selling point, RBC Capital Markets is reaching out to large Wall Street customers.
Spending trends and government rules are giving private-equity players plenty of opportunities to make defense acquisitions.