debt
confidence high
sentiment neutral
materiality 0.55
Celanese subsidiary launches tender offer for up to $1B of senior notes due 2027/2028
Celanese Corp
- Celanese US Holdings offers to buy up to $1B aggregate of 6.665% 2027 Notes and 6.850% 2028 Notes; series cap of $100M on 2028 Notes.
- Early tender payment of $50 per $1,000; total consideration for 2027 Notes $1,037.50 and for 2028 Notes $1,055.00 per $1,000.
- Tender offers expire Dec 31, 2025; early tender deadline Dec 15, 2025 at 5 PM ET.
- Offer conditioned on completion of new debt securities offering with sufficient net proceeds (Financing Condition).
- Notes accepted will be retired and cancelled; BofA Securities is lead dealer manager.