December 2, 2008 / 6:08 PM / 10 years ago

UPDATE 1-Nova sees 2008 liquidity at high end of range

*Sees 2008 liquidity at top end of $450 mln-$650 mln range

*Says in good shape to repay $250 mln notes due in April

*Shares up 0.5 pct to C$9.24 on Toronto Stock Exchange

(In U.S. dollars)

TORONTO, Dec 2 (Reuters) - Nova Chemicals NCX.TO said on Tuesday it expects to end 2008 at the high end of its target range for liquidity.

The maker of ethylene, polyethylene and styrene, had earlier set a target of between $450 million and $650 million.

The company also expects to be in a good position to repay $250 million in notes due April 2009, Christopher Pappas, its president and chief operating officer, said at an industry conference in New York. (Reporting by Scott Anderson; editing by Peter Galloway)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below