Ineos Quattro launches funding for BP buyout, consents for new cap stack

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Ineos Quattro launches funding for BP buyout, consents for new cap stack

Owen Sanderson
January 11, 2021 12:30 PM
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Liquid chemical tank terminal, Storage of liquid chemical and petrochemical products tank, Aerial view at night. | Kalyakan - stock.adobe.com

Banks have launched the funding for Ineos’s purchase of BP’s aromatics and acetyls business into syndication, with €2.6bn of new first lien term loan 'B' on offer, plus a package of amendments to Ineos Styrolution’s existing bond and loan debt.

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