Rhodia managers disclose more refinancing hurdles

Beacham, Will
March 2004
European Chemical News;3/12004, Vol. 80 Issue 2089, p6
Trade Publication
Reports that Rhodia must achieve €400 million in gains from its divestment programme by June 30 2004 to satisfy its creditor banks according to a filing with the U.S. Securities and Exchange Commission. Reason behind the launch of the disposable program in 2003; Condition of the disposal gains; Amount of disposal gains that must be achieved by the end of 2004.


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