Celanese Corp. (CE), a chemical and specialty materials company, on Tuesday announced that its wholly owned subsidiary, Celanese US Holdings LLC, has launched cash tender offers to repurchase up to $1 billion of its outstanding 2027 and 2028 senior notes.
The offers include a cap of $100 million for the 2028 notes. Holders who tender by December 15 will receive total consideration of $1,037.50 per $1,000 for the 2027 notes and $1,055.00 per $1,000 for the 2028 notes, including early-tender payments.
The tender offers expire on December 31, with early settlement expected on December 17 and final settlement on January 5, subject to a concurrent debt financing condition.
The company said accepted notes will be repurchased in order of priority and retired after settlement.
In the pre-market trading, Celanese is 0.74% lesser at $41.52 on the New York Stock Exchange.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.