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Home / Law / Solutia sues Citigroup, Goldman over $2B loan

Solutia sues Citigroup, Goldman over $2B loan

Solutia Inc. sued units of Citigroup Inc., Goldman Sachs Group Inc. and Deutsche Bank AG, claiming they failed to provide a promised $2 billion loan to help the maker of nylon and plastics exit bankruptcy. Town & Country-based Solutia wants the banks to make the loan by Feb. 28 or pay $2.25 billion in damages, according ...

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