Huntsman International Files For Offering Of $350M 5.700% Senior Notes Due 2034
Portfolio Pulse from Benzinga Newsdesk
Huntsman International has filed for an offering of $350 million in 5.700% senior notes due in 2034, according to an SEC filing. This move is likely aimed at raising capital for corporate purposes.
September 24, 2024 | 8:11 pm
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Huntsman International's filing for a $350 million offering of 5.700% senior notes due 2034 suggests a strategic move to raise capital, potentially impacting its financial structure and credit profile.
The issuance of senior notes is a common method for companies to raise capital. This move by Huntsman International could be aimed at refinancing existing debt or funding new projects. The impact on the stock price is neutral in the short term as it does not directly affect earnings or operations but could influence the company's credit profile.
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