Hexion Holdings – Seeks Authority for Commitment and Engagement Letters in Respect of $2.0bn in Exit Financing

May 30, 2019 – The Debtors filed a motion requesting authority to enter into each of: (i) a commitment letter (the "Commitment Letter") in respect of a new $350.0mn ABL credit facility, (ii) an engagement letter in respect of a new $1.2bn term loan, (iii) an engagement letter in respect of new $450.0mn of senior…