Celanese upsizes debt offering to $1.4 billion to strengthen balance sheet
By: ICN Bureau
Last updated : December 05, 2025 3:33 pm
The offering is expected to close around December 17, 2025
Celanese Corporation, the global chemical and specialty materials company, has said that its subsidiary, Celanese US Holdings, has priced a $1.4 billion registered offering of senior notes, up from the originally planned $1 billion.
The offering includes $600 million of 7.000% Senior Notes due 2031 and $800 million of 7.375% Senior Notes due 2034. The Notes will be guaranteed on a senior unsecured basis by Celanese and certain wholly-owned US subsidiaries.
The offering is expected to close around December 17, 2025, subject to customary conditions. Proceeds will be used to repay remaining borrowings under a five-year term loan due 2027, fund previously announced cash tender offers for portions of the Issuer’s 6.665% Senior Notes due 2027 and 6.850% Senior Notes due 2028, and support general corporate purposes, including repayment of other debt.
“Across 2025 we have executed on a number of transactions, including this Offering, to proactively manage our debt maturity profile and also enhance our liquidity position,” said Chuck Kyrish, Senior Vice President and Chief Financial Officer.
“We are aligning our debt maturities over the next few years to a conservative outlook for free cash flow generation and divestiture proceeds. We will provide a more comprehensive summary of the impact of this Offering and other associated transactions at completion in the coming weeks.”