New Issue: Huntsman prices upsized €300 million 5 1/8% seven-year notes at par

By Paul A. Harris

Portland, Ore., Dec. 11 - Huntsman International LLC priced an upsized €300 million issue of non-callable seven-year senior notes (B1/B+/) at par to yield 5 1/8% on Wednesday, according to market sources.

The deal was upsized from €250 million, after having been earlier upsized from €200 million.

Joint bookrunner Citigroup Global Markets Inc. will bill and deliver. Barclays, BofA Merrill Lynch, Goldman Sachs & Co., J.P. Morgan Securities LLC, PNC Capital Markets LLC, RBC Capital Markets LLC and RBS Securities Inc. are also joint bookrunners.

The Salt Lake City-based manufacturer of differentiated organic and inorganic chemical products plans to use the proceeds to repay its term loan C.

Issuer:	Huntsman International LLC
Amount:	€300 million, increased from €250 million after having earlier been increased from €200 million
Maturity:	April 15, 2021
Securities:	Senior notes
Bookrunners:	Citigroup Global Markets Inc. (bill and deliver), Barclays, BofA Merrill Lynch, Goldman Sachs & Co., J.P. Morgan Securities LLC, PNC Capital Markets LLC, RBC Capital Markets LLC, RBS Securities Inc.
Coupon:	5 1/8%
Price:	Par
Yield:	5 1/8%
Call protection:	Non-callable
Trade date:	Dec. 11
Settlement date:	Dec. 23
Rating:	Moody's: B1
	Standard & Poor's: B+
Distribution:	Rule 144A and Regulation S with registration rights
Price talk:	5¼% area
Marketing:	Roadshow

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