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Kraton (KRA) Prices $100M Senior Notes Offering

March 15, 2012 5:39 PM EDT
Kraton Polymers LLC and Kraton Polymers Capital Corporation (together, the "Company"), two subsidiaries of Kraton Performance Polymers, Inc. (NYSE: KRA) (together with its subsidiaries including the Company, "Kraton"), a leading global producer of styrenic block copolymers, announced today that it has launched and priced an offering of $100,000,000 principal amount of its 6.75% Senior Notes due 2019. The notes will constitute a further issuance of, and are fungible with, the $250,000,000 aggregate principal amount of 6.75% Senior Notes due 2019 which were issued on February 11, 2011 through an institutional private placement and subsequently exchanged in full for identical notes (the "existing notes") on June 13, 2011 through a registered exchange offer under the Securities Act. Upon issuance, the additional notes will form a single series of debt securities with the existing notes.


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