Huntsman intends to redeem $100 million of its 7 7/8% notes due 2014

By Devika Patel

Knoxville, Tenn., Nov. 2 - Huntsman International LLC. said it will redeem $100 million of its 7 7/8% senior subordinated notes due 2014 in a conditional redemption. The notes will be redeemed at 103.938 plus interest to Nov. 26, the redemption date.

Wells Fargo Bank NA (612 667-9764 or 800 344-5128) is the trustee.

As previously reported, investors tendered $159 million of the notes by the early deadline of Sept. 24 in a fixed-price cash tender offer.

The issuer is a Salt Lake City-based manufacturer and marketer of differentiated chemicals.

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