Chemtura Announces Receipt of Requisite Consents for Consent Solicitation for Outstanding 7.875% Senior Notes Due 2018

MIDDLEBURY, Conn.--(BUSINESS WIRE)--Chemtura Corporation (NYSE: CHMT) (“Chemtura” or the “Company”) announced today that it has received, pursuant to its previously announced cash tender offer and consent solicitation with respect to any and all of its outstanding $455.0 million aggregate principal amount of 7.875% Senior Notes due 2018 (the “Notes”), the requisite consents to adopt proposed amendments (the “Proposed Amendments”) to the indenture governing the Notes (the “Indenture”) that would eliminate substantially all of the restrictive covenants, certain events of default and related provisions contained therein.