Thursday 11. June 2009
Hexion Specialty Chemicals, Inc. Announces Expiration and Final Results of the Previously Announced Modified Dutch Auction Tender Offer for Debentures
Hexion Specialty Chemicals, Inc. (“Hexion”) announced today the expiration and final results of its previously announced cash tender offer (the “Tender Offer”) to purchase its outstanding 8.375% Debentures due 2016 (CUSIP No. 099599AE2) (the “8.375% Debentures”), 9.200% Debentures due 2021 (CUSIP No. 099599AH5) (the “9.200% Debentures”), and 7.875% Debentures due 2023 (CUSIP No. 099599AJ1) (the “7.875% Debentures” and, together with the 8.375% Debentures and the 9.200% Debentures, the “Notes”), up to the maximum aggregate principal amount that Hexion can purchase for $20,000,000.