Tender Offer - Celanese Corp
Form Type: 8-K
Filing Date: 2025-03-19
Corporate Action: Tender-offer
Type: New
Accession Number: 000162828025013866
Filing Summary: On March 18, 2025, Celanese Corporation announced the early results and upsize of its cash tender offers to purchase up to €552,082,000 of its outstanding 4.777% Senior Notes due 2026 and up to $500,000,000 of its outstanding 6.415% Senior Notes due 2027. On March 19, 2025, the Company further announced the pricing terms of these tender offers. The details are incorporated by reference from the press releases filed as Exhibits 99.1 and 99.2 in the report.
Additional details:
Tender Offer Principal 2026: €552,082,000
Tender Offer Principal 2027: $500,000,000
Tender Offer Interest Rate 2026: 4.777%
Tender Offer Interest Rate 2027: 6.415%
Form Type: 8-K
Filing Date: 2025-03-14
Corporate Action: Tender-offer
Type: New
Accession Number: 000162828025012811
Filing Summary: On March 14, 2025, Celanese US Holdings LLC, a wholly owned subsidiary of Celanese Corporation, completed its concurrent registered offerings of $700 million of 6.500% Senior Notes due 2030, $1.1 billion of 6.750% Senior Notes due 2033, and €750 million of 5.000% Senior Notes due 2031. The proceeds will fund a tender offer to buy up to €500 million of the issuer's outstanding 4.777% Senior Notes due 2026 and up to $250 million of the 6.165% Senior Notes due 2027. Additionally, funds will be utilized to repay portions of existing borrowings under credit facilities and for general corporate purposes. The notes are guaranteed on a senior unsecured basis by Celanese Corporation and are subject to terms disclosed in multiple indentures.
Additional details:
Title Of Each Class: Common Stock, par value $0.0001 per share
Trading Symbol: CE
Name Of Each Exchange On Which Registered: The New York Stock Exchange
Offering Amount 2030 Notes: $700,000,000
Offering Amount 2033 Notes: $1,100,000,000
Offering Amount Eur Notes: €750,000,000
Interest Payment Frequency: semi-annually
First Interest Payment Date: October 15, 2025
Total Amount Tender Offer Eur Notes: €500 million
Total Amount Tender Offer Usd Notes: $250 million
Form Type: 8-K
Filing Date: 2025-03-05
Corporate Action: Tender-offer
Type: New
Accession Number: 000162828025010256
Filing Summary: On March 5, 2025, Celanese Corporation announced via a press release that Celanese US Holdings LLC, a wholly-owned subsidiary, has commenced cash tender offers to purchase up to €500 million of its outstanding 4.777% Senior Notes due 2026 and up to $250 million of its outstanding 6.415% Senior Notes due 2027. The tender offers are detailed in the Offer to Purchase dated March 5, 2025. A copy of the press release is included as Exhibit 99.1 in the filing.
Additional details:
Tender Offer Max Principal Amount Euro: 500000000
Tender Offer Max Principal Amount Dollars: 250000000
Notes Due 2026 Interest Rate: 4.777%
Notes Due 2027 Interest Rate: 6.415%
Comments
No comments yet. Be the first to comment!