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Solutia Receives $300M DIP Financing Boost

By Catherine Fredenburgh (February 27, 2006, 12:00 AM EST) -- Chemical products maker Solutia Inc., a spin-off of chemical giant Monsanto Co., will receive an additional $300 million in debtor in possession financing and an extension of more than nine months to its current financing deal as the company struggles to emerge from Chapter 11....

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