March 17 (Reuters) - Huntsman Corp:
* Responds to S&P action
* Says has no significant near term debt maturities until the second half of
2010
* Says intends on renewing its accounts receivable securitization facility when
it matures in November 2009
* Sees to have more than $1 billion of liquidity at the end of the first
quarter 2009
* Says reaffirms operations are sound and liquidity is ample to weather the
current global economic recession
* Sees to be in full compliance with its single maintenance financial covenant
* Says liquidity may be enhanced further through resolution of pending suit
against Credit Suisse and Deutsche Bank
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780)) (For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Responds to S&P action
* Says has no significant near term debt maturities until the second half of
2010
* Says intends on renewing its accounts receivable securitization facility when
it matures in November 2009
* Sees to have more than $1 billion of liquidity at the end of the first
quarter 2009
* Says reaffirms operations are sound and liquidity is ample to weather the
current global economic recession
* Sees to be in full compliance with its single maintenance financial covenant
* Says liquidity may be enhanced further through resolution of pending suit
against Credit Suisse and Deutsche Bank
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780)) (For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.