1. Celanese is tendering $946 million of 2027 and $254 million of 2028 notes. 2. Total consideration for accepted notes reaches $1,037.50 and $1,055 per $1,000. 3. The tender offers have increased maximum amounts compared to previous announcements. 4. Interest rates on both note series are expected to rise post-tender. 5. The company anticipates settling purchases by December 17, 2025.
FAQ
Why Bullish?
The tender offer indicates a proactive financial strategy, likely boosting investor confidence and stock value. Past similar actions often resulted in positive stock movements, suggesting a bullish outlook.
How important is it?
The announcement of tender offers relates directly to CE's financial health, impacting investor sentiment. Given the substantial amounts involved, investor interest is likely to increase.
Why Short Term?
Market reactions to tender offers typically occur immediately or within days, maximizing short-term gains. Historical data shows significant price adjustments post-announcement.
Celanese Corporation (NYSE: CE) Announces Increased Tender Offers for Senior Notes
DALLAS, Dec. 16, 2025 (GLOBE NEWSWIRE) — Celanese Corporation (NYSE: CE), a leading global chemical and specialty materials company, has announced the early results of its tender offers for cash to purchase senior notes from its wholly-owned subsidiary, Celanese US Holdings LLC. The offers involve an aggregate principal amount of $946,106,000 for the 6.665% Senior Notes due 2027 and $254,000,000 for the 6.850% Senior Notes due 2028. These amounts indicate an upsizing from the previously announced Maximum Tender Amount and Series Cap.
Details of the Tender Offers
The tender offers allow the Company to purchase validly tendered notes, which represent an adjustment in size as follows:
- 6.665% Senior Notes due 2027: $946,106,000 tendered
- 6.850% Senior Notes due 2028: $254,000,000 tendered
Celanese is amending the Tender Offers to increase the Maximum Tender Amount to $1,200,106,000 and the Series Cap for the 2028 notes to $254,000,000. These amendments were communicated in a press release issued today, and the offers are governed by the terms outlined in the Offer to Purchase dated December 2, 2025.
Aggregate Principal Amount Tendered
As per D.F. King, the Information and Tender Agent for the offers:
- 6.665% Senior Notes due 2027: $946,106,000 validly tendered
- 6.850% Senior Notes due 2028: $675,185,000 validly tendered
This results in an acceptance priority level of 1 for the 2027 Notes and a level of 2 for the 2028 Notes.
Financial Implications and Payment Details
Immediately following the next interest payment, the interest rates payable will rise to 7.165% for the 2027 notes and 7.350% for the 2028 notes, reflecting an increase of 0.50% from their original coupon rates.
The Total Consideration for the notes validly tendered will be $1,037.50 for the 2027 notes and $1,055.00 for the 2028 notes, both including an Early Tender Payment of $50. Payment for the accepted notes is scheduled for December 17, 2025.
Brokerage and Advisory Support
To facilitate these offers, Celanese has engaged BofA Securities as the Lead Dealer Manager, while Citigroup, Deutsche Bank Securities, and TD Securities serve as Co-Dealer Managers. D.F. King is providing the role of the Information and Tender Agent.
For more detailed information regarding the terms of the Tender Offers, investors are encouraged to reach out to BofA Securities at (888) 292-0070, or D.F. King at +1 (800) 967-4607.
Legal Disclaimer
This announcement does not constitute an offer to purchase or sell any securities. The Tender Offers will be conducted solely under the terms outlined in the Offer to Purchase, and Celanese does not make recommendations regarding whether holders should tender any of their notes.
Investors must evaluate their own financial situation and seek assistance from a qualified professional if necessary. The full terms and conditions of the Tender Offers can be accessed in conjunction with the Offer to Purchase documents.