Huntsman pays down $100 million more of term loan B due 2019 in Q3

By Susanna Moon

Chicago, Oct. 28 – Huntsman International LLC prepaid another $100 million on its 2015 extended term loan B facility due 2019, according to a 10-Q filing for the quarter ended Sept. 30 with the Securities and Exchange Commission.

As previously announced, Huntsman made a $100 million prepayment on July 22 on its outstanding term loan B due 2019.

The company said it has recognized a loss on early extinguishment of debt of $1 million in the third quarter of 2016 in connection with the $200 million prepayments on the term loan.

Huntsman is a chemical company based in the Woodlands, Texas.

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