Kraton Polymers to redeem 5¼% notes due 2026 on Feb. 28

By Mary-Katherine Stinson

Lexington, Ky., Jan. 27 – Kraton Polymers LLC and Kraton Polymers Capital Corp. will redeem in full all outstanding 5¼% senior notes due 2026 (ISINs: XS1713463476, XS1713463633) on Feb. 28, according to a notice.

The notes will be redeemed at 102.625 plus interest, if any, to the redemption date.

Wells Fargo NA is the trustee.

Deutsche Bank AG, London Branch is the principal paying agent.

Deutsche Bank Luxembourg SA is the authenticating agent, registrar and transfer agent.

The redemption is subject to the successful execution of the merger plan which was an agreement reached in September by and among DL Chemical Co., Ltd. as parent, DLC US Holdings, Inc. and DLC US, Inc. as merger subsidiaries and Kraton Corp., the parent company of the issuers, whereas the merger subsidiaries would be absorbed into the company with the company surviving the merger as an indirect wholly owned subsidiary of DL Chemical Co., Ltd.

The company is a Houston-based producer of styrenic block copolymers and specialty polymers.

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