HUNT VALLEY, Md., Nov. 25, 2003 (PRIMEZONE) -- Millennium Chemicals (NYSE:MCH) ("Millennium") today announced that it consummated the sale of $125 million aggregate principal amount of its 4% Convertible Senior Debentures due 2023.
As a consequence of the sale of the Debentures and application of the proceeds, the Credit Agreement amendment described in Millennium's Quarterly Report on Form 10-Q for the quarter ended September 30, 2003 has become effective.