Petrologistics LP (PDH) 14.15 $PDH
United States Petrochemicals Manufacturing Industry Analytics and Revenue Forecasts to 2021
M2 - Thu Jan 08, 10:01AM CST
Research and Markets (http://www.researchandmarkets.com/research/lhgpph/petrochemicals) has announced the addition of Plunkett Research Ltd's new report "Petrochemicals Manufacturing Industry (U.S.): Analytics, Extensive Financial Benchmarks, Metrics and Revenue Forecasts to 2021" to their offering. Vital industry-specific data including metrics, benchmarks, historic numbers, growth rates and forecasts that will save countless hours of research. Key Findings: - Petrochemicals Manufacturing Industry (U.S.) to reach $235.3 billion by 2021. - Petrochemicals Manufacturing Industry, including Average EBITDA, Operating Ratios and Sales per Employee. Core Benefits to Customer: - Comprehensive overview of an industry's financial results, ratios, vital statistics and metrics in one package - Complete benchmarking of the industry and its top companies - Deep industry and company financials This Report Features: - Historical data - Revenue forecasts, growth rates and CAGR - Operating ratios - Complete data for benchmarking a company to its industry and to specific leading companies - Benchmarking this industry to all U.S. industries - Deep profiles and financial histories/operating ratios for up to ten top U.S.-based companies Key Topics Covered: I. Introduction II. Industry Description for this NAIC Code III. Industry Summary, Current Year IV. Employment and Establishment Count V. This Industry's Financial Data, U.S., With Revenue Projections to 2021 VI. Top Companies Profiled & Ranked VII. Appendix: Assumptions VIII. Data Description and Sources Companies Mentioned - Ashland Inc - BioAmber - Chevron Phillips Chemical Company LLC - ExxonMobil Chemical - Lubrizol Corporation (The) - PetroLogistics LP - TPC Group Inc - Westlake Chemical Corporation For more information visit http://www.researchandmarkets.com/research/lh...ochemicals Source: Plunkett Research Ltd
ASH: 127.58 (+1.21), PDH: 14.15 (-0.06), XOM: 93.37 (+1.00)
Buy-Rated Dividend Stocks In The Top 3: PDH, FGP, HRZN
at The Street - Mon Jul 28, 10:30AM CDT
These 3 dividend stocks are rated a Buy by TheStreet
PDH: 14.15 (-0.06), FGP: 24.72 (+0.37), HRZN: 14.22 (+0.16)
Flint Hills Resources acquires USD2.1bn PetroLogistics
M2 - Thu Jul 17, 5:48AM CDT
Biofuels company Flint Hills Resources disclosed on Wednesday the completion of the acquisition of PetroLogistics (NYSE
DH) (PetroLogistics) and its general partner PetroLogistics (MLP GP) for a purchase price of USD2.1bn.
PDH: 14.15 (-0.06)
Pomerantz Law Firm Announces the Filing of a Class Action Against PetroLogistics LP and Certain Officers -- PDH
GlobeNewswire - Wed Jul 16, 11:14AM CDT
Pomerantz LLP announces that it filed a class action lawsuit on June 25, 2014, in the U.S. District Court, Southern District of Texas, Houston Division (the "Court"
, and docketed under 4:14-cv-01786, on behalf of the unitholders of PetroLogistics LP ("PetroLogistics" (NYSE DH) against PetroLogistics, its Board of Directors, its general partner (PetroLogistics GP LLC), Propylene Holdings LLC, Flint Hills Resources, LLC ("Flint Hill" , and FHR Propylene, LLC for, among other things, violations of the federal securities laws under the Securities Exchange Act of 1934 (the "Exchange Act" in connection with the proposed acquisition of PetroLogistics by Flint Hill.
PDH: 14.15 (-0.06)
Flint Hills Resources Completes Purchase of PetroLogistics
Business Wire - Wed Jul 16, 8:31AM CDT
Flint Hills Resources, LLC ("Flint Hills Resources" or the "company" announced it is moving forward with a significant expansion of its chemicals business with the completion of its acquisition of PetroLogistics LP (NYSE: PDH) ("PetroLogistics" and its general partner, PetroLogistics GP LLC ("MLP GP" . The $2.1 billion transaction is the largest in the company's history and the first chemical asset it has acquired since purchasing Huntsman Corporation's U.S. commodity chemical business in 2007.
PDH: 14.15 (-0.06)
WeissLaw LLP Announces Class Action Lawsuit Against PetroLogistics LP -- PDH
GlobeNewswire - Wed Jul 16, 3:53AM CDT
WeissLaw LLP announces that it filed a class action lawsuit on June 20, 2014, in the U.S. District Court, Southern District of Texas (the "Court" , on behalf of the unitholders of PetroLogistics LP ("PetroLogistics" (NYSE DH) against PetroLogistics, its Board of Directors, its general partner (PetroLogistics GP LLC), Propylene Holdings LLC, Flint Hills Resources, LLC ("Flint Hill" , and FHR Propylene, LLC for, among other things, violations of sections 14(a) and 20(a) of the Securities and Exchange Act of 1934 (the "Exchange Act" in connection with the proposed acquisition of PetroLogistics by Flint Hill.
PDH: 14.15 (-0.06)
Bakken Leak Puts Spotlight on Fast-Growing Crestwood Midstream
at The Street - Thu Jul 10, 2:04PM CDT
A leak of brine from a North Dakota pipeline places a spotlight on a fast-growing pipeline outfit.
PDH: 14.15 (-0.06), CMLP: 14.99 (+0.23)
PetroLogistics Announces Extension And Amendment Of Consent Solicitation Relating To Its 6.25% Senior Notes Due 2020
PR Newswire - Thu Jul 10, 6:00AM CDT
PetroLogistics LP (NYSE: PDH) (the "Company" today announced that it and PetroLogistics Finance Corp. ("Finance Corp." and together with the Company, the "Issuers" have extended the expiration time of the previously announced solicitation of consents (the "Consent Solicitation" from holders of the Issuers' outstanding 6.25% Senior Notes due 2020 (the "Notes" to approve amendments (the "Proposed Amendments" to the indenture relating to the Notes to 5:00 p.m., New York City time, on July 23, 2014 (the "New Expiration Time" . As set forth in the Consent Solicitation Statement dated June 24, 2014 (the "Consent Solicitation Statement" , as of 5:00 p.m., New York City time, on July 2, 2014 Holders of the Notes are no longer able to withdraw their consents, whether given before or after that time. The Consent Solicitation is being extended pursuant to a Consent Solicitation Statement Supplement dated July 10, 2014, which amends and supplements the Consent Solicitation Statement, the Consent Solicitation Statement Supplement dated July 2, 2014 and the press release dated July 7, 2014.
PDH: 14.15 (-0.06)
PetroLogistics LP Announces Expiration Of Hart-Scott-Rodino Waiting Period For Merger With Flint Hills Resources
PR Newswire - Tue Jul 08, 6:30AM CDT
PetroLogistics LP (NYSE: PDH) ("PetroLogistics" announced today that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended ("HSR" , in connection with the previously announced acquisition of PetroLogistics by Flint Hills Resources, LLC ("Flint Hills" expired at 11:59 P.M. (Eastern Time) on July 7, 2014. Expiration of the HSR waiting period satisfies one of the conditions to the closing of the merger (the "Merger" contained in the merger agreement among PetroLogistics, Flint Hills and certain of their respective affiliates (the "Merger Agreement" . Consummation of the Merger remains subject to certain other closing conditions.
PDH: 14.15 (-0.06)
PetroLogistics declares expiration of its superior acquisition proposal period on 6 July 2014
M2 - Mon Jul 07, 6:58AM CDT
Propylene company PetroLogistics (NYSE DH) reported on Monday the expiry of the period to consider unsolicited qualifying superior merger acquisition proposals from third parties.
PDH: 14.15 (-0.06)
PetroLogistics LP Announces Expiration Of Period During Which It Could Terminate The Flint Hills Resources Merger For A Superior Proposal
PR Newswire - Mon Jul 07, 5:00AM CDT
PetroLogistics LP (NYSE: PDH) announced today the expiration of the period during which it could (1) consider unsolicited qualifying superior acquisition proposals from third parties and (2) subject to certain conditions, terminate the merger agreement among PetroLogistics, Flint Hills Resources, LLC and certain of their respective affiliates (the "Merger Agreement" to enter into or recommend such a proposal. The period expired at 11:59 P.M. (Central Time) on July 6, 2014.
PDH: 14.15 (-0.06)
PetroLogistics extends consent solicitation for its 6.25% senior notes due 2020 to 8 July 2014
M2 - Thu Jul 03, 3:50AM CDT
Propylene company PetroLogistics (NYSE DH) said on Wednesday that it has extended the expiration time of the solicitation of consents from holders of outstanding 6.25% senior notes due 2020 to approve proposed amendments to the indenture relating to the notes in conjunction with PetroLogistics Finance (together the issuers).
PDH: 14.15 (-0.06)
PetroLogistics Announces Extension of Consent Solicitation Relating To Its 6.25% Senior Notes Due 2020
PR Newswire - Wed Jul 02, 5:53PM CDT
PetroLogistics LP (NYSE: PDH) (the "Company" today announced that it and PetroLogistics Finance Corp. ("Finance Corp." and together with the Company, the "Issuers" have extended the expiration time of the previously announced solicitation of consents (the "Consent Solicitation" from holders of the Issuers' outstanding 6.25% Senior Notes due 2020 (the "Notes" to approve amendments (the "Proposed Amendments" to the indenture relating to the Notes to 5:00 p.m., New York City time, on July 8, 2014. As set forth in the Consent Solicitation Statement, as of 5:00 p.m., New York City time, on July 2, 2014 Holders of the Notes are no longer able to withdraw their consents, whether given before or after that time. The Consent Solicitation is being extended pursuant to a Consent Solicitation Statement Supplement dated July 2, 2014, which amends and supplements the Consent Solicitation Statement dated June 24, 2014.
PDH: 14.15 (-0.06)
Methanex Temporarily Idles EMethanex Plant - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jun 30, 4:15PM CDT
Methanex Corporation (MEOH) announced that it will temporarily idle its joint venture operation, Egyptian Methanex Methanol Company S.A.E. (EMethanex), in which it owns 50% stake, due to gas availability.
PDH: 14.15 (-0.06), CE: 57.98 (+0.22), MEOH: 53.17 (+2.19), CMP: 91.66 (+0.52)
3 Buy-Rated Dividend Stocks To Check Out: TCPC, TCAP, PDH
at The Street - Mon Jun 30, 10:30AM CDT
These 3 dividend stocks are rated a Buy by TheStreet
PDH: 14.15 (-0.06), TCPC: 16.39 (+0.17), TCAP: 22.52 (+0.37)
DuPont Cuts Earnings View on Weak Agriculture Sales - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jun 27, 12:25PM CDT
DuPont (DD) has lowered its earnings forecast for second-quarter and full-year 2014.
PDH: 14.15 (-0.06), CE: 57.98 (+0.22), DD: 76.18 (-0.11), CMP: 91.66 (+0.52)
Eastman Chemical to Showcase Expanded LLumar iLLusions - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jun 27, 12:20PM CDT
Eastman Chemical Company (EMN) will showcase its expanded LLumar iLLusions decorative window film line at the American Institute of Architects (AIA) National Convention in Chicago during Jun 26-28.
PDH: 14.15 (-0.06), CE: 57.98 (+0.22), EMN: 75.67 (+0.56), CMP: 91.66 (+0.52)
Dow Chemical to Start Building Ethylene Cracker in Texas - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jun 26, 12:20PM CDT
Dow Chemical (DOW) will start the construction of its world-scale ethylene facility in Freeport on Jun 30.
PDH: 14.15 (-0.06), CE: 57.98 (+0.22), DOW: 49.44 (+0.29), CMP: 91.66 (+0.52)
Petrologistics Announces Consent Solicitation For 6.25% Senior Notes Due 2020
PR Newswire - Tue Jun 24, 7:00AM CDT
PetroLogistics LP (NYSE: PDH) (the "Company" today announced that it and PetroLogistics Finance Corp. ("Finance Corp." and together with the Company, the "Issuers" are soliciting consents ("Consent Solicitation" from holders of the Issuers' outstanding 6.25% Senior Notes due 2020 (the "Notes" to approve amendments (the "Proposed Amendments" to the indenture relating to the Notes (the "Indenture" . The Issuers are making the Consent Solicitation at the request and expense of Flint Hills Resources, LLC ("Flint Hills" , a subsidiary of Koch Industries, Inc. On May 27, 2014, the Company and its general partner entered into a definitive agreement (the "Merger Agreement" to be acquired by Flint Hills (the "Merger" .
PDH: 14.15 (-0.06)
United States Petrochemicals Manufacturing Industry Analytics and Revenue Forecasts to 2021
M2 - Thu Jan 08, 10:01AM CST
Research and Markets (http://www.researchandmarkets.com/research/lhgpph/petrochemicals) has announced the addition of Plunkett Research Ltd's new report "Petrochemicals Manufacturing Industry (U.S.): Analytics, Extensive Financial Benchmarks, Metrics and Revenue Forecasts to 2021" to their offering. Vital industry-specific data including metrics, benchmarks, historic numbers, growth rates and forecasts that will save countless hours of research. Key Findings: - Petrochemicals Manufacturing Industry (U.S.) to reach $235.3 billion by 2021. - Petrochemicals Manufacturing Industry, including Average EBITDA, Operating Ratios and Sales per Employee. Core Benefits to Customer: - Comprehensive overview of an industry's financial results, ratios, vital statistics and metrics in one package - Complete benchmarking of the industry and its top companies - Deep industry and company financials This Report Features: - Historical data - Revenue forecasts, growth rates and CAGR - Operating ratios - Complete data for benchmarking a company to its industry and to specific leading companies - Benchmarking this industry to all U.S. industries - Deep profiles and financial histories/operating ratios for up to ten top U.S.-based companies Key Topics Covered: I. Introduction II. Industry Description for this NAIC Code III. Industry Summary, Current Year IV. Employment and Establishment Count V. This Industry's Financial Data, U.S., With Revenue Projections to 2021 VI. Top Companies Profiled & Ranked VII. Appendix: Assumptions VIII. Data Description and Sources Companies Mentioned - Ashland Inc - BioAmber - Chevron Phillips Chemical Company LLC - ExxonMobil Chemical - Lubrizol Corporation (The) - PetroLogistics LP - TPC Group Inc - Westlake Chemical Corporation For more information visit http://www.researchandmarkets.com/research/lh...ochemicals Source: Plunkett Research Ltd
ASH: 127.58 (+1.21), PDH: 14.15 (-0.06), XOM: 93.37 (+1.00)
Buy-Rated Dividend Stocks In The Top 3: PDH, FGP, HRZN
at The Street - Mon Jul 28, 10:30AM CDT
These 3 dividend stocks are rated a Buy by TheStreet
PDH: 14.15 (-0.06), FGP: 24.72 (+0.37), HRZN: 14.22 (+0.16)
Flint Hills Resources acquires USD2.1bn PetroLogistics
M2 - Thu Jul 17, 5:48AM CDT
Biofuels company Flint Hills Resources disclosed on Wednesday the completion of the acquisition of PetroLogistics (NYSE
DH) (PetroLogistics) and its general partner PetroLogistics (MLP GP) for a purchase price of USD2.1bn. PDH: 14.15 (-0.06)
Pomerantz Law Firm Announces the Filing of a Class Action Against PetroLogistics LP and Certain Officers -- PDH
GlobeNewswire - Wed Jul 16, 11:14AM CDT
Pomerantz LLP announces that it filed a class action lawsuit on June 25, 2014, in the U.S. District Court, Southern District of Texas, Houston Division (the "Court"
, and docketed under 4:14-cv-01786, on behalf of the unitholders of PetroLogistics LP ("PetroLogistics" (NYSE DH) against PetroLogistics, its Board of Directors, its general partner (PetroLogistics GP LLC), Propylene Holdings LLC, Flint Hills Resources, LLC ("Flint Hill" , and FHR Propylene, LLC for, among other things, violations of the federal securities laws under the Securities Exchange Act of 1934 (the "Exchange Act" in connection with the proposed acquisition of PetroLogistics by Flint Hill. PDH: 14.15 (-0.06)
Flint Hills Resources Completes Purchase of PetroLogistics
Business Wire - Wed Jul 16, 8:31AM CDT
Flint Hills Resources, LLC ("Flint Hills Resources" or the "company"
announced it is moving forward with a significant expansion of its chemicals business with the completion of its acquisition of PetroLogistics LP (NYSE: PDH) ("PetroLogistics" and its general partner, PetroLogistics GP LLC ("MLP GP" . The $2.1 billion transaction is the largest in the company's history and the first chemical asset it has acquired since purchasing Huntsman Corporation's U.S. commodity chemical business in 2007. PDH: 14.15 (-0.06)
WeissLaw LLP Announces Class Action Lawsuit Against PetroLogistics LP -- PDH
GlobeNewswire - Wed Jul 16, 3:53AM CDT
WeissLaw LLP announces that it filed a class action lawsuit on June 20, 2014, in the U.S. District Court, Southern District of Texas (the "Court"
, on behalf of the unitholders of PetroLogistics LP ("PetroLogistics" (NYSE DH) against PetroLogistics, its Board of Directors, its general partner (PetroLogistics GP LLC), Propylene Holdings LLC, Flint Hills Resources, LLC ("Flint Hill" , and FHR Propylene, LLC for, among other things, violations of sections 14(a) and 20(a) of the Securities and Exchange Act of 1934 (the "Exchange Act" in connection with the proposed acquisition of PetroLogistics by Flint Hill. PDH: 14.15 (-0.06)
Bakken Leak Puts Spotlight on Fast-Growing Crestwood Midstream
at The Street - Thu Jul 10, 2:04PM CDT
A leak of brine from a North Dakota pipeline places a spotlight on a fast-growing pipeline outfit.
PDH: 14.15 (-0.06), CMLP: 14.99 (+0.23)
PetroLogistics Announces Extension And Amendment Of Consent Solicitation Relating To Its 6.25% Senior Notes Due 2020
PR Newswire - Thu Jul 10, 6:00AM CDT
PetroLogistics LP (NYSE: PDH) (the "Company"
today announced that it and PetroLogistics Finance Corp. ("Finance Corp." and together with the Company, the "Issuers" have extended the expiration time of the previously announced solicitation of consents (the "Consent Solicitation" from holders of the Issuers' outstanding 6.25% Senior Notes due 2020 (the "Notes" to approve amendments (the "Proposed Amendments" to the indenture relating to the Notes to 5:00 p.m., New York City time, on July 23, 2014 (the "New Expiration Time" . As set forth in the Consent Solicitation Statement dated June 24, 2014 (the "Consent Solicitation Statement" , as of 5:00 p.m., New York City time, on July 2, 2014 Holders of the Notes are no longer able to withdraw their consents, whether given before or after that time. The Consent Solicitation is being extended pursuant to a Consent Solicitation Statement Supplement dated July 10, 2014, which amends and supplements the Consent Solicitation Statement, the Consent Solicitation Statement Supplement dated July 2, 2014 and the press release dated July 7, 2014. PDH: 14.15 (-0.06)
PetroLogistics LP Announces Expiration Of Hart-Scott-Rodino Waiting Period For Merger With Flint Hills Resources
PR Newswire - Tue Jul 08, 6:30AM CDT
PetroLogistics LP (NYSE: PDH) ("PetroLogistics"
announced today that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended ("HSR" , in connection with the previously announced acquisition of PetroLogistics by Flint Hills Resources, LLC ("Flint Hills" expired at 11:59 P.M. (Eastern Time) on July 7, 2014. Expiration of the HSR waiting period satisfies one of the conditions to the closing of the merger (the "Merger" contained in the merger agreement among PetroLogistics, Flint Hills and certain of their respective affiliates (the "Merger Agreement" . Consummation of the Merger remains subject to certain other closing conditions. PDH: 14.15 (-0.06)
PetroLogistics declares expiration of its superior acquisition proposal period on 6 July 2014
M2 - Mon Jul 07, 6:58AM CDT
Propylene company PetroLogistics (NYSE
DH) reported on Monday the expiry of the period to consider unsolicited qualifying superior merger acquisition proposals from third parties. PDH: 14.15 (-0.06)
PetroLogistics LP Announces Expiration Of Period During Which It Could Terminate The Flint Hills Resources Merger For A Superior Proposal
PR Newswire - Mon Jul 07, 5:00AM CDT
PetroLogistics LP (NYSE: PDH) announced today the expiration of the period during which it could (1) consider unsolicited qualifying superior acquisition proposals from third parties and (2) subject to certain conditions, terminate the merger agreement among PetroLogistics, Flint Hills Resources, LLC and certain of their respective affiliates (the "Merger Agreement"
to enter into or recommend such a proposal. The period expired at 11:59 P.M. (Central Time) on July 6, 2014. PDH: 14.15 (-0.06)
PetroLogistics extends consent solicitation for its 6.25% senior notes due 2020 to 8 July 2014
M2 - Thu Jul 03, 3:50AM CDT
Propylene company PetroLogistics (NYSE
DH) said on Wednesday that it has extended the expiration time of the solicitation of consents from holders of outstanding 6.25% senior notes due 2020 to approve proposed amendments to the indenture relating to the notes in conjunction with PetroLogistics Finance (together the issuers). PDH: 14.15 (-0.06)
PetroLogistics Announces Extension of Consent Solicitation Relating To Its 6.25% Senior Notes Due 2020
PR Newswire - Wed Jul 02, 5:53PM CDT
PetroLogistics LP (NYSE: PDH) (the "Company"
today announced that it and PetroLogistics Finance Corp. ("Finance Corp." and together with the Company, the "Issuers" have extended the expiration time of the previously announced solicitation of consents (the "Consent Solicitation" from holders of the Issuers' outstanding 6.25% Senior Notes due 2020 (the "Notes" to approve amendments (the "Proposed Amendments" to the indenture relating to the Notes to 5:00 p.m., New York City time, on July 8, 2014. As set forth in the Consent Solicitation Statement, as of 5:00 p.m., New York City time, on July 2, 2014 Holders of the Notes are no longer able to withdraw their consents, whether given before or after that time. The Consent Solicitation is being extended pursuant to a Consent Solicitation Statement Supplement dated July 2, 2014, which amends and supplements the Consent Solicitation Statement dated June 24, 2014. PDH: 14.15 (-0.06)
Methanex Temporarily Idles EMethanex Plant - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jun 30, 4:15PM CDT
Methanex Corporation (MEOH) announced that it will temporarily idle its joint venture operation, Egyptian Methanex Methanol Company S.A.E. (EMethanex), in which it owns 50% stake, due to gas availability.
PDH: 14.15 (-0.06), CE: 57.98 (+0.22), MEOH: 53.17 (+2.19), CMP: 91.66 (+0.52)
3 Buy-Rated Dividend Stocks To Check Out: TCPC, TCAP, PDH
at The Street - Mon Jun 30, 10:30AM CDT
These 3 dividend stocks are rated a Buy by TheStreet
PDH: 14.15 (-0.06), TCPC: 16.39 (+0.17), TCAP: 22.52 (+0.37)
DuPont Cuts Earnings View on Weak Agriculture Sales - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jun 27, 12:25PM CDT
DuPont (DD) has lowered its earnings forecast for second-quarter and full-year 2014.
PDH: 14.15 (-0.06), CE: 57.98 (+0.22), DD: 76.18 (-0.11), CMP: 91.66 (+0.52)
Eastman Chemical to Showcase Expanded LLumar iLLusions - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jun 27, 12:20PM CDT
Eastman Chemical Company (EMN) will showcase its expanded LLumar iLLusions decorative window film line at the American Institute of Architects (AIA) National Convention in Chicago during Jun 26-28.
PDH: 14.15 (-0.06), CE: 57.98 (+0.22), EMN: 75.67 (+0.56), CMP: 91.66 (+0.52)
Dow Chemical to Start Building Ethylene Cracker in Texas - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jun 26, 12:20PM CDT
Dow Chemical (DOW) will start the construction of its world-scale ethylene facility in Freeport on Jun 30.
PDH: 14.15 (-0.06), CE: 57.98 (+0.22), DOW: 49.44 (+0.29), CMP: 91.66 (+0.52)
Petrologistics Announces Consent Solicitation For 6.25% Senior Notes Due 2020
PR Newswire - Tue Jun 24, 7:00AM CDT
PetroLogistics LP (NYSE: PDH) (the "Company"
today announced that it and PetroLogistics Finance Corp. ("Finance Corp." and together with the Company, the "Issuers" are soliciting consents ("Consent Solicitation" from holders of the Issuers' outstanding 6.25% Senior Notes due 2020 (the "Notes" to approve amendments (the "Proposed Amendments" to the indenture relating to the Notes (the "Indenture" . The Issuers are making the Consent Solicitation at the request and expense of Flint Hills Resources, LLC ("Flint Hills" , a subsidiary of Koch Industries, Inc. On May 27, 2014, the Company and its general partner entered into a definitive agreement (the "Merger Agreement" to be acquired by Flint Hills (the "Merger" . PDH: 14.15 (-0.06)
