Huntsman prepays $100 million of bank debt

By Sara Rosenberg

New York, June 6 - Huntsman Corp. voluntarily prepaid $100 million of its outstanding senior secured bank debt, according to a company news release.

"This prepayment is consistent with our overall financial strategy in which our top priority is to reduce our indebtedness by approximately $2 billion over the next two to three years," said Kimo Esplin, executive vice president and chief financial officer, in the release.

Huntsman is a Salt Lake City-based manufacturer and marketer of commodity and differentiated chemicals.

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