Lotte Chemical Could Dispose Stake In US Unit For RM1.9 Billion
Lotte Chemical Could Dispose Stake In US Unit For RM1.9 Billion
Lotte Chemical Titan Holdings announce that its US unit Lotte Chemical Louisiana LLC a wholly owned subsidiary of Lotte Chemical USA Corporation an associate company of the local unit intends to undertake a corporate restructuring involving a capital contribution in LCLA by two Special Purpose Corporations (managed by a securities company) via a Price Return Swap contract.
樂天化學泰坦控股公司宣佈，其美國分公司路易斯安那州樂天化學有限責任公司是樂天化學美國公司的全資子公司，該公司是當地分公司的關聯公司，打算進行公司重組，涉及由兩家特殊目的公司（由一家證券公司管理）通過價格回報互換合約向LCLA出資。
It added that the two SPCs have expressed interest to acquire a total of 40% of LC USA's equity interest, each holding a 20% stake in LCLA, via a capital contribution of USD477 million. The proceeds Lotte Chemical Titan Holdings said is to be used to repay LC USA's loan and as operating expenses of LCLA.
它補充說，兩家SPC已表示有興趣通過47700萬美元的資本出資收購LC USA共40％的股權，各持有LCLA20％的股份。樂天化學泰坦控股公司表示，所得款項將用於償還LC USA的貸款和LCLA的運營費用。
This will result in LC USA's equity interest in LCLA to reduce from 100% to 60% and consequently, LCTH's effective interest in LCLA to reduce from 40% to 24%.
這將導致LC USA在LCLA的股權從100％減少到60％，因此，LCTH在LCLA的實際權益從40％減少到24％。
譯文內容由第三人軟體翻譯。
