The Woodlands, Texas -- Huntsman International has increased the size of its bond offering by Euro 100m to Euro 300m ($413m) and set the interest rate or coupon that it will pay on the bond at 5.125%
On 11 December 2013 Huntsman announced plans for a private placement of Euro200m in bonds due 2021. The bonds are due to mature on 5 April 2021.
Huntsman said it intends to use the proceeds to repay some outstanding term loan C and to pay fees and expenses for general corporate purposes.
Conversion at 12 December 2013 (Euro1=$1.38).
