Free Writing Prospectus
Filed Pursuant to Rule 433
Registration Statement No. 333-229822
Pricing Term Sheet
$750,000,000 4.500% Senior Notes due 2029
February 27, 2019
This pricing term sheet supplements the preliminary prospectus supplement of Huntsman International LLC, dated February 27, 2019, relating to the prospectus dated February 25, 2019.
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Issuer: |
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Huntsman International LLC |
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Expected Ratings*: |
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Baa3 / BB+ / BBB- (Moody’s / S&P / Fitch) |
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Offering Format: |
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SEC-Registered |
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Security Type: |
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Senior Unsecured Notes |
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Security Title: |
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4.500% Senior Notes due 2029 |
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Principal Amount: |
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$750,000,000 |
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Maturity Date: |
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May 1, 2029 |
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Coupon: |
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4.500% |
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Price to Public: |
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98.870% |
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Yield to Maturity: |
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4.640% |
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Spread to Benchmark Treasury: |
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+195 bps |
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Benchmark Treasury: |
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UST 2.625% due February 15, 2029 |
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Benchmark Treasury Price/Yield: |
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99-14 / 2.690% |
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Pricing Date: |
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February 27, 2019 |
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Settlement Date: |
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March 13, 2019 (T+10) |
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Interest Payment Dates: |
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May 1 and November 1, commencing November 1, 2019 |
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Optional Redemption: |
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Make-whole Call: |
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+30 bps |
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Par Call: |
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At any time on or after February 1, 2029, at par plus accrued and unpaid interest to the redemption date |
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CUSIP / ISIN: |
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44701Q BE1 / US44701QBE17 |
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Joint Book-Running Managers: |
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Citigroup Global Markets Inc. |
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Senior Co-Managers: |
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BMO Capital Markets Corp. |
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Co-Manager: |
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Academy Securities, Inc. |
*Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision, suspension or withdrawal at any time.
The Issuer has filed a registration statement (including a base prospectus) and a prospectus supplement with the U.S. Securities and Exchange Commission (“SEC”) for the offering to which this communication relates. Before you invest, you should read the prospectus supplement for this offering, the Issuer’s prospectus in that registration statement and any other documents the Issuer has filed with the SEC for more complete information about the Issuer and this offering. You may get these documents for free by searching the SEC online database (EDGAR) on the SEC website at http://www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus supplement and prospectus if you request it by calling or e-mailing Citigroup Global Markets Inc. at 1-800-831-9146 or prospectus@citi.com or calling or e-mailing Merrill Lynch, Pierce, Fenner & Smith Incorporated at 1-800-294-1322 or dg.prospectus_requests@baml.com.
Any disclaimer or other notice that may appear below is not applicable to this communication and should be disregarded. Such disclaimer or notice was automatically generated as a result of this communication being sent by Bloomberg email or another communication system.