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Offerings: PolyOne Eyes $320 Million Senior Notes Sale

September 13, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — PolyOne Corp. (NYSE: POL) said that it is offering to sell $320 million of its senior notes due 2020 in an underwritten public offering under its effective shelf registration statement.The firm plans to use the net proceeds of the offering to finance a cash tender offer for any and all of its outstanding 8.875% senior notes due 2012.

PolyOne said it will use any remaining net proceeds for general corporate purposes.

Ohio-based PolyOne is a provider of specialized polymer materials, services and solutions.  

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