v2.4.0.6
SUBSEQUENT EVENTS (Details 5) (USD $)
In Millions, except Share data, unless otherwise specified
0 Months Ended 1 Months Ended 0 Months Ended 0 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2012
ABL Revolver
Prior to the Amendment
Dec. 31, 2011
ABL Revolver
Prior to the Amendment
Jan. 17, 2013
9.0 percent notes
Oct. 12, 2012
9.0 percent notes
Dec. 31, 2009
9.0 percent notes
Dec. 31, 2012
9.0 percent notes
Jan. 28, 2013
New Merger Debt
Splitco Senior Notes Offering
Eagle Spinco Inc. (Splitco)
Jan. 28, 2013
New Merger Debt
Senior Secured Term Loan Facility
Eagle Spinco Inc. (Splitco)
Y
Jan. 28, 2013
New Merger Debt
Senior Secured Term Loan Facility
Eagle Spinco Inc. (Splitco)
Base rate
Jan. 28, 2013
New Merger Debt
Senior Secured Term Loan Facility
Eagle Spinco Inc. (Splitco)
Reserve adjusted Eurodollar Rate
Jan. 28, 2013
New Merger Debt
ABL Revolver
Prior to the Amendment
Feb. 02, 2013
New Merger Debt
Senior notes offering
Jan. 28, 2013
Refinanced Debt
ABL Revolver
Y
Jan. 28, 2013
Refinanced Debt
ABL Revolver
U.S. index rates
Jan. 28, 2013
Refinanced Debt
ABL Revolver
Three-month LIBOR
Jan. 28, 2013
Refinanced Debt
ABL Revolver
Canadian index rates
Feb. 02, 2013
Tender Offer and Redemption
9.0 percent notes
Feb. 15, 2013
Tender Offer and Redemption
9.0 percent notes
Jan. 28, 2013
Financing
Dec. 31, 2012
Financing
Mar. 31, 2012
Financing
Jan. 28, 2013
Financing
Splitco Senior Notes Offering
Eagle Spinco Inc. (Splitco)
SUBSEQUENT EVENTS                                                
Aggregate principal amount of debt issued             $ 500.0   $ 688.0         $ 450.0                    
Interest rate (as a percent)               9.00% 4.625%         4.875%         9.00%         4.625%
Calendar period following the closing of the notes offering to complete the exchange offer                 560 days         560 days                    
Period after the Closing Date within which option to repay amounts outstanding is available                   45 days                            
Term of debt (in years)                   4         5                  
Variable interest rate basis                     Base Rate reserve adjusted Eurodollar Rate       U.S. index rates three-months London Interbank Offered Rate ("LIBOR") Canadian index rates            
Variable interest rate margin (as a percent)                     1.75% 2.75%                        
Variable interest rate basis floor (as a percent)                     2.00% 1.00%                        
Effective interest rate on outstanding borrowings (as a percent)                   3.75%                            
Senior secured leverage ratio                   3.50                            
Maximum borrowing capacity                         300.0   500.0                  
Sub-facility for borrowings by the Canadian subsidiaries of the company                             200.0                  
Sub-facility for letters of credit                             200.0                  
Accordion subject to lender commitments                             200.0                  
Fixed charge coverage ratio                             1.10                  
Excess availability under the credit facility that, if less than, requires the entity to comply with a fixed charge coverage ratio                             62.5                  
Consecutive business period of excess availability under the credit facility that, if less than, requires the entity to comply with a fixed charge coverage ratio                             3 days                  
Outstanding borrowings under the credit facility                             33                  
Effective interest rate under the credit facility (as a percent)     4.80% 4.30%                     3.75%                  
Aggregate principal amount of notes accepted for purchase                                     444.5 2.3        
Percentage of the aggregate principal amount of notes redeemed         99.30%                                      
Aggregate tender price paid for repurchase of notes         502.3 51.5                         502.3          
Make whole payment included in redemption price         $ 55.4                           $ 55.4          
Common stock, shares authorized 100,000,000 100,000,000                                     200,000,000 100,000,000 100,000,000