Huntsman to redeem 10 1/8% notes with two-part note offering proceeds

By Caroline Salls

Pittsburgh, Dec. 17 - Huntsman International LLC said it will redeem part of its outstanding 10 1/8% senior subordinated notes due 2009 using proceeds from its offering of $175 million 7 3/8% senior subordinated notes due 2015 and €135 million 7½% senior subordinated notes due 2015.

The company has called $231 million and €77 million of the 10 1/8% notes for redemption on Dec. 31 and $2.95 million for redemption on Jan. 3, 2005.

Huntsman is a Salt Lake City-based petrochemical company.

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