Kraton offers $400 million eight-year notes, to repay bank debt

Portland, Ore., March 15 – Kraton Corp. announced in a Wednesday press release that it plans to offer $400 million of senior notes due 2025 via Rule 144A and Regulation S.

The issuing entities will be wholly owned subsidiaries Kraton Polymers LLC and Kraton Polymers Capital Corp.

The Houston-based producer of engineered polymers and styrenic block copolymers plans to use the proceeds to repay a portion of its senior secured term loan facility.

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