p>Huntsman Corp. said Monday it plans a private offer of up to $350 million in senior subordinated notes due 2021 through its subsidiary, Huntsman International LLC.
Huntsman plans to use the net proceeds to repurchase or redeem certain other outstanding senior subordinated notes.
The company said it will start those repurchases with a fixed price cash tender offer to purchase up to $165 million of its 7 7/8 percent senior subordinated notes due 2014.
The tender offer is being made at a price of $1,041.88 for each $1,000 in notes tendered before 5 p.m., Eastern time, on Sept. 24, unless extended.
China Chemical Weekly: http://news.chemnet.com/en/detail-1411716.html
