Huntsman International talks $250 million 10-year senior subordinated notes with 8¾% area yield

By Paul A. Harris

St. Louis, March 11 - Huntsman International LLC talked its $250 million offering of 10-year senior subordinated notes (Ba3/CCC+) with a yield in the 8¾% area on Thursday, according to an informed source.

Goldman Sachs & Co. has the lead on the Rule 144A and Regulation S offering, which is set to price on Friday morning.

Proceeds from the issue will be used to repurchase some of the company's outstanding senior subordinated notes.

The issuer is a subsidiary of Huntsman Corp., a chemical company based in the Woodlands, Texas.

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