0001104659-17-072752.txt : 20171211 0001104659-17-072752.hdr.sgml : 20171211 20171211170430 ACCESSION NUMBER: 0001104659-17-072752 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20171205 ITEM INFORMATION: Other Events FILED AS OF DATE: 20171211 DATE AS OF CHANGE: 20171211 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Huntsman CORP CENTRAL INDEX KEY: 0001307954 STANDARD INDUSTRIAL CLASSIFICATION: CHEMICALS & ALLIED PRODUCTS [2800] IRS NUMBER: 421648585 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32427 FILM NUMBER: 171250132 BUSINESS ADDRESS: STREET 1: 10003 WOODLOCH FOREST DRIVE CITY: THE WOODLANDS STATE: TX ZIP: 77380 BUSINESS PHONE: (281) 719-6000 MAIL ADDRESS: STREET 1: 10003 WOODLOCH FOREST DRIVE CITY: THE WOODLANDS STATE: TX ZIP: 77380 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HUNTSMAN INTERNATIONAL LLC CENTRAL INDEX KEY: 0001089748 STANDARD INDUSTRIAL CLASSIFICATION: CHEMICALS & ALLIED PRODUCTS [2800] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-85141 FILM NUMBER: 171250133 BUSINESS ADDRESS: STREET 1: 10003 WOODLOCH FOREST DRIVE CITY: THE WOODLANDS STATE: TX ZIP: 77380 BUSINESS PHONE: (281) 719-6000 MAIL ADDRESS: STREET 1: 10003 WOODLOCH FOREST DRIVE CITY: THE WOODLANDS STATE: TX ZIP: 77380 FORMER COMPANY: FORMER CONFORMED NAME: HUNTSMAN ICI CHEMICALS LLC DATE OF NAME CHANGE: 19990629 8-K 1 a17-28271_18k.htm 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

 

Date of Report (date of earliest event reported): December 5, 2017

 

Huntsman Corporation

(Exact name of registrant as specified in its charter)

 

Delaware

 

001-32427

 

42-1648585

(State or other jurisdiction
of incorporation)

 

(Commission
File Number)

 

(IRS Employer
Identification No.)

 

Huntsman International LLC

(Exact name of registrant as specified in its charter)

 

Delaware

 

333-85141

 

87-0630358

(State or other jurisdiction

 

(Commission

 

(IRS Employer

of incorporation)

 

File Number)

 

Identification No.)

 

10003 Woodloch Forest Drive

 

 

The Woodlands, Texas

 

77380

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code:

(281) 719-6000

 

Not applicable

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o      Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o      Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company  o

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.    o

 

 

 


 

Item 8.01.       Other Events.

 

On December 4, 2017, Huntsman Corporation (“Huntsman”) issued a press release announcing that it successfully completed its secondary public offering of Venator Materials PLC, a subsidiary of Huntsman, and received net proceeds of approximately $471 million. On December 5, 2017, Huntsman used these proceeds, together with cash on the balance sheet, to repay in full the $511 million remaining on its Term Loan B due 2023. Huntsman no longer has any senior secured term loans outstanding under its senior credit facilities, but will continue to have access to its revolving credit facility, which remains undrawn. The reduction of Huntsman’s debt will reduce annual cash interest expense by approximately $20 million on an annual basis, which is in addition to the previously disclosed approximately $70 million of annualized interest savings achieved this year as a result of prior debt repayments.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

Huntsman Corporation

 

 

 

Huntsman International LLC

 

 

 

 

 

 

 

By:

/s/ Brandon M. Gray

 

Name:

Brandon M. Gray

 

Title:

Vice President and Treasurer

 

Date:  December 11, 2017

 

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