Publications
Publications
- January 2008 (Revised February 2008)
- HBS Case Collection
Restructuring at Nova Chemical Corporation
Abstract
Management of a diversified chemicals company faces two financial decisions: whether to finance a major investment in new production facilities for its rapidly expanding Environmental Products Division, and whether to sell a more slowly growing non-specialty chemicals division. the latter decision has implications for how the new investment, if it is undertaken, should be financed. Financing options available to the firm include bank borrowing, issuing convertible debt, and selling new common stock in the public market.
Keywords
Restructuring; Decision Choices and Conditions; Chemicals; Environmental Sustainability; Corporate Finance; Chemical Industry
Citation
Mason, Scott. "Restructuring at Nova Chemical Corporation." Harvard Business School Case 208-107, January 2008. (Revised February 2008.)