Lenders' Cold Feet Imperils Solutia's Ch. 11 Exit

By Brendan Pierson (February 1, 2008, 12:00 AM EST) -- Three underwriters that were expected to provide a $2 billion loan to finance Solutia Inc.'s exit from bankruptcy told the chemical company on Wednesday that they would no longer provide the funding, saying circumstances had changed since their agreement last fall....

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