Carlyle, GIC-Backed Chemicals Firm Shelves $5.8 Billion Loan
NegativeFinancial Markets

Nouryon, a specialty chemicals producer backed by Carlyle and GIC, has decided to shelve a significant dual-currency leveraged loan deal worth $5.8 billion. This move highlights growing investor unease in the current market for risky debt, which has been characterized by volatility and caution. The decision is a clear indicator of the challenges facing companies in securing financing amid shifting economic conditions, making it a crucial development for stakeholders in the financial and chemicals sectors.
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