Huntsman Corporation announced that its wholly-owned subsidiary, Huntsman International LLC, has priced its offering of $400 million in aggregate principal amount of Senior Notes due 2031. The notes will be offered to the public at a price of 99.930% of their principal amount and will bear interest at a rate of 2.950% per annum. Huntsman expects the offering to close on May 26, 2021, subject to customary closing conditions. 

Huntsman intends to use the net proceeds from the offering, along with cash on hand, to redeem in full the $400 million in aggregate principal amount of its 5.125% Senior Notes due 2022 and to pay accrued but unpaid interest thereon, as well as any related premiums, fees and expenses.