Huntsman Prices $250 Million Private Offering of Additional 4.875% Senior Notes due 2020

  Huntsman Prices $250 Million Private Offering of Additional 4.875% Senior
                                Notes due 2020

PR Newswire

THE WOODLANDS, Texas, Feb. 28, 2013

THE WOODLANDS, Texas, Feb. 28, 2013 /PRNewswire/ -- Huntsman Corporation
(NYSE: HUN) today announced that it has priced a $250 million in aggregate
principal amount offering of additional 4.875% senior notes due 2020 (the
"Notes") through its wholly owned subsidiary, Huntsman International LLC (the
"Issuer"). The Notes are being offered as additional notes under the
indenture, dated as of November 19, 2012, among the Issuer, the guarantors
party thereto and Wells Fargo Bank, National Association, as trustee, pursuant
to which the Issuer issued $400 million in aggregate principal amount of its
4.875% Senior Notes due 2020 on November 19, 2012 (the "Prior Notes"). The
Notes will be treated as a single series with, and will have the same terms
as, the Prior Notes. The Notes will be issued at a price of 98.5% and carry an
interest rate of 4.875% and will mature on November 15, 2020. The closing of
the offering is expected to occur on March 4, 2013, subject to the
satisfaction of customary closing conditions. Huntsman intends to use the net
proceeds to redeem $200 million in aggregate principal amount of its 5½%
Senior Notes due 2016 and to pay associated accrued interest and for general
corporate purposes.

The Notes will not initially be registered under the Securities Act of 1933,
as amended (the "Securities Act"), or under any state securities law; and
unless so registered, the Notes may not be offered or sold in the United
States absent registration or an applicable exemption from, or in a
transaction not subject to, the registration requirements of the Securities
Act and applicable state securities laws. The Notes are being offered only to
qualified institutional buyers under Rule 144A and outside the United States
in compliance with Regulation S under the Securities Act.

This press release is neither an offer to sell nor a solicitation of an offer
to buy the Notes or any other securities and shall not constitute an offer to
sell or a solicitation of an offer to buy, or a sale of, the Notes or any
other securities in any jurisdiction in which such offer, solicitation or sale
is unlawful.

Forward-Looking Statements:

Statements in this release that are not historical are forward-looking
statements. These statements are based on management's current beliefs and
expectations. The forward-looking statements in this release are subject to
uncertainty and changes in circumstances and involve risks and uncertainties
that may affect the company's operations, markets, products, services, prices
and other factors as discussed in the Huntsman companies' filings with the
U.S. Securities and Exchange Commission. Significant risks and uncertainties
may relate to, but are not limited to, financial, economic, competitive,
environmental, political, legal, regulatory and technological factors. The
company assumes no obligation to provide revisions to any forward-looking
statements should circumstances change, except as otherwise required by
applicable laws.

SOURCE Huntsman Corporation

Website: http://www.huntsman.com
Contact: Investor Relations, Kurt Ogden, +1-801-584-5959; Media, Gary Chapman,
+1-281-719-4324
 
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