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Celanese Corporation Completes Offering of $500 Million of Senior Unsecured Notes

  Celanese Corporation Completes Offering of $500 Million of Senior Unsecured
  Notes

Business Wire

DALLAS -- November 13, 2012

Celanese Corporation (NYSE: CE) today announced that its wholly-owned
subsidiary, Celanese US Holdings LLC, successfully completed an offering of
$500 million in aggregate principal amount of 4.625% senior unsecured notes
due 2022. In connection with completion of the offering, the company will
repay $400 million of its existing senior secured credit facility indebtedness
that was set to mature in 2016 and plans to use the remaining proceeds,
together with cash on hand, to make a $100 million contribution to its U.S.
pension plan.

“The execution of this transaction is consistent with Celanese’s ongoing
strategy of maintaining a flexible, low cost and stable capital structure and
achieving an investment grade rating over time. In addition, the U.S. pension
contribution will reduce Celanese’s aggregate pension obligations,” said
Steven Sterin, senior vice president and chief financial officer. “With this
transaction, we further extended our debt maturity profile while reducing
secured debt in our capital structure. We also continued to improve our credit
profile.”

This press release shall not constitute an offer to sell or the solicitation
of an offer to buy the offered notes, nor shall there be any sales of notes in
any jurisdiction in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of any such
jurisdiction.

About Celanese

Celanese Corporation is a global technology leader in the production of
specialty materials and chemical products that are used in most major
industries and consumer applications. Our products, essential to everyday
living, are manufactured in North America, Europe and Asia. Known for
operational excellence, sustainability and premier safety performance,
Celanese delivers value to customers around the globe with best-in-class
technologies. Based in Dallas, Texas, the company employs approximately 7,600
employees worldwide and had 2011 net sales of $6.8billion, with approximately
73% generated outside of North America. For more information about Celanese
Corporation and its global product offerings, visit www.celanese.com or the
company’s blog at www.celaneseblog.com.

Forward-Looking Statements

This release may contain “forward-looking statements,” which include
information concerning the company’s plans, objectives, goals, strategies,
future revenues or performance, capital expenditures, financing needs and
other information that is not historical information. When used in this
release, the words “will,” “intends,” “expects,” “outlook,” “forecast,”
“estimates,” “anticipates,” “projects,” “plans,” “believes,” and variations of
such words or similar expressions are intended to identify forward-looking
statements. 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, many of which are
beyond the company’s control, that could cause actual results to differ
materially from results expressed or implied in the forward-looking statements
contained in this release. These include local and national economic, credit
and capital market conditions, including prevailing interest rates; legal and
regulatory developments, including changes to tax rates, applicable securities
regulations or accounting standards; and changes in general economic,
business, political and regulatory conditions in the countries or regions in
which we operate. Any of these factors or others not named herein could cause
the company’s actual results to differ materially from those expressed as
forward-looking statements. In addition, other risk factors that could cause
actual results to differ materially from the forward-looking statements
contained in this release include those that are discussed in the company’s
filings with the Securities and Exchange Commission. Any forward-looking
statement speaks only as of the date on which it is made, and the company
undertakes no obligation to update any forward-looking statements to reflect
events or circumstances after the date on which it is made or to reflect the
occurrence of anticipated or unanticipated events or circumstances.

Contact:

Celanese Corporation
Investor Relations
Jon Puckett, +1-972-443-4965
Telefax: +1-972-443-8519
Jon.Puckett@celanese.com
or
Media
Linda Beheler, +1-972-443-4924
Telefax: +1-972-443-8519
Linda.Beheler@celanese.com
 
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