Celanese Corporation Announces Pricing of Senior Notes Offering
Mon, September 19 2016
The Company intends to use the net proceeds from the offering to repay
amounts outstanding under its existing senior unsecured revolving credit
facility of €367 million (as of
The Notes are being offered pursuant to the Company’s existing shelf
registration statement filed with the
These documents may be obtained for free by visiting EDGAR on the
This press release does not constitute an offer to sell or the solicitation of an offer to buy the Notes, nor shall there be any sale of the Notes in any state or country in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or country.
Forward-Looking Statements
This release contains "forward-looking statements," which include
information concerning the Company's objectives, goals, strategies,
future revenues or performance, capital expenditures and other
information that is not historical information. All forward-looking
statements are based upon current expectations and beliefs and various
assumptions. There can be no assurance that the Company will realize
these expectations or that these beliefs will prove correct. There are a
number of risks and uncertainties that could cause actual results to
differ materially from the results expressed or implied in the
forward-looking statements contained herein. These risks and
uncertainties include, among other things: changes in general economic,
business, political and regulatory conditions in the countries or
regions in which we operate; the length and depth of product and
industry business cycles, particularly in the automotive, electrical,
textiles, electronics, and construction industries; changes in the price
and availability of raw materials, particularly changes in the demand
for, supply of, and market prices of ethylene, methanol, natural gas,
wood pulp and fuel oil and the prices for electricity and other energy
sources; the ability to pass increases in raw material prices on to
customers or otherwise improve margins through price increases; the
ability to maintain plant utilization rates and to implement planned
capacity additions and expansions; the ability to reduce or maintain
their current levels of production costs and to improve productivity by
implementing technological improvements to existing plants; increased
price competition and the introduction of competing products by other
companies; market acceptance of our technology; the ability to obtain
governmental approvals and to construct facilities on terms and
schedules acceptable to the Company; changes in the degree of
intellectual property and other legal protection afforded to our
products or technologies, or the theft of such intellectual property;
compliance and other costs and potential disruption or interruption of
production or operations due to accidents, interruptions in sources of
raw materials, cyber security incidents, terrorism or political unrest
or other unforeseen events or delays in construction or operation of
facilities, including as a result of geopolitical conditions, the
occurrence of acts of war or terrorist incidents or as a result of
weather or natural disasters; potential liability for remedial actions
and increased costs under existing or future environmental regulations,
including those relating to climate change; potential liability
resulting from pending or future litigation, or from changes in the
laws, regulations or policies of governments or other governmental
activities in the countries in which we operate; changes in currency
exchange rates and interest rates; our level of indebtedness, which
could diminish our ability to raise additional capital to fund
operations or limit our ability to react to changes in the economy or
the chemicals industry; and various other factors discussed from time to
time in the Company's periodic filings with the
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Investor Relations
Chuck.Kyrish@celanese.com
or
Media
William.Jacobsen@celanese.com
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