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LSB Industries announces launch of consent solicitation

Aug. 23, 2016 7:59 AM ETLSB Industries, Inc. (LXU) StockBy: Clark Schultz, SA News Editor45 Comments
  • LSB Industries (NYSE:LXU) announces that it is soliciting consents from the holders of its outstanding $425M of 7.75% Senior Secured Notes due 2019 for a redemption.
  • The company recently completed the $364M sale of its climate control business, which along with the redemption, will result in a deleveraging of LSB's assets and improve its capital structure.
  • Source: Press Release

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