debt
confidence high
sentiment neutral
materiality 0.55
Celanese launches tender offers for up to €500M of 4.777% '26 notes and $250M of 6.415% '27 notes
Celanese Corp
- Celanese US Holdings offers to buy up to €500M of its 4.777% Senior Notes due 2026 and $250M of its 6.415% Senior Notes due 2027.
- Early tender deadline March 18, 2025; holders tendering by then receive $50 Early Tender Payment per €1,000/$1,000.
- Offers conditioned on concurrent debt financing to fund repurchases; expected settlement on March 21 (early) and April 4 (final).
- J.P. Morgan, BofA Securities, HSBC act as dealer managers; D.F. King is information agent.