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Published on 3/10/2010 in the Prospect News High Yield Daily.

Huntsman plans to acquire some subordinated notes via issue proceeds

By Jennifer Chiou

New York, March 10 - Huntsman Corp. said it intends to use all of the net proceeds from a planned private notes offering to repurchase or redeem certain of its outstanding senior subordinated notes.

The company said it will offer up to $250 million principal amount of senior subordinated notes due 2020 through its wholly owned subsidiary, Huntsman International LLC.

Huntsman is a Salt Lake City, Utah-based manufacturer and marketer of differentiated chemicals.


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