Business News
Huntsman to Issue Senior Notes
Friday 02. November 2012 - Huntsman Corporation (NYSE: HUN) today announced its intention, subject to market and other conditions, to privately offer up to $300 million aggregate principal amount of senior notes due 2020 through its wholly owned subsidiary, Huntsman International LLC.
Huntsman intends to use the net proceeds to repurchase or redeem certain of its outstanding senior notes and to pay associated accrued interest and for general corporate purposes.
The notes being sold by the Company will not initially be registered under the Securities Act of 1933, as amended, or the Securities Act, or under any state securities law and may not be offered or sold in the United States absent registration or an applicable exemption from registration under the Securities Act and applicable state securities laws. The notes are being offered only to qualified institutional buyers under Rule 144A and outside the United States in compliance with Regulation S under the Securities Act. This press release does not constitute an offer to sell any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offering would be unlawful.