04.08.2015 20:24:00
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Huntsman International LLC -- Moody's rates Huntsman's amended term loan at Ba2
New York, August 04, 2015 -- Moody's Investors Service assigned a Ba2 rating to Huntsman International LLC's (HI) amended secured term loan B. Huntsman is asking holders of its senior secured term B - Series 1 and Series 2 - to extend the maturity of loan by two years to April 2019 in exchange for a 25 bp fee and an increase in the undrawn spread to LIBOR+300. HI is a direct subsidiary of Huntsman Corporation (Huntsman), and both entities have Corporate Family Ratings (CFRs) of Ba3 with stable outlooks.