Lyondell gets access to $2 bln in bankruptcy loans

(Corrects to clarify name of lender in fourth paragraph is Oak Hill)

NEW YORK Jan 8 (Reuters) - Lyondell Chemical Co received bankruptcy court approval on Thursday to access $2.167 billion in interim debtor-in-possession financing in order to fund itself during its bankruptcy.

U.S. Bankruptcy Judge Robert Gerber approved the loans at a hearing in a U.S. bankruptcy court in Manhattan.

As part of a last minute deal to ease lender concerns, Access Industries is no longer providing $750 million as part of the loan, lawyers for the company and lenders said in court. Access was replaced by other lenders, the lawyers said.

The lenders on the deal include UBS (UBSN.VX), Apollo Investment Management, Merrill Lynch, Goldman Sachs (GS.N), Citibank (C.N), Angelo Gordon & Co, Cerberus, Silver Point Capital, Appaloosa Management, Strategic Value Partners, ABN AMRO, Farallon Capital, Oaktree Capital and Oak Hill, the lawyers said.

LyondellBasell Industries, whose products range from fuels to chemicals and plastics, is owned by Russian-born billionaire Len Blavatnik through New York-based Access Industries and is based in the Netherlands.

Its U.S. units filed for bankruptcy protection on Tuesday. (Reporting by Emily Chasan, Editing by Ian Geoghegan)