Rentech Announces $150 Million Investment from Blackstone’s GSO Capital Partners and Settlement Agreement with Concerned Rentech Shareholders
GSO Investment to fund near-term growth opportunities in wood fibre processing business
Settlement with Concerned Rentech Shareholders includes board representation and a newly formed board-level Finance Committee that will approve capital expenditures and review Rentech’s cost structure and executive compensation
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Funds investments to execute strategy for wood fibre business, and repays and terminates margin loan facility
- Rentech to add three new directors who bring shareholder representation and expertise in capital allocation and wood fibre
- Published: 10 April 2014
- Written by Editor