Huntsman to offer up to $250 million in 10-year notes to raise money to repay earlier debt

By AP
Wednesday, March 10, 2010

Huntsman to offer up to $250 million in notes

THE WOODLANDS, Texas — Huntsman Corp. said Wednesday it planned to offer up to $250 million in notes to raise money to pay for previous notes it had issued.

The latest senior subordinated notes would be due 2020 and would be offered a Huntsman subsidiary, Huntsman International.

Huntsman said it plans to use all of the net proceeds from the sale to repurchase or redeem some of its outstanding senior subordinated notes it had previously issued.

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