Huntsman reduces outstanding notes by $200 million in July

By Laura Lutz

Des Moines, Aug. 2 - Huntsman Corp. repurchased $37.5 million of its 9?% senior notes due 2009 in July, according to a company release.

On July 14, the company issued a partial redemption notice for $62.5 million of the notes at a call price of 104 15/16%.

Also in July, Huntsman redeemed its $100 million outstanding senior floating-rate notes due 2011.

The redemption was funded with an amendment to the company's existing secured credit facility to provide for an additional $100 million of term B loans on the same terms as its existing term B loans.

Huntsman is a Salt Lake City-based chemical manufacturer.

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