HOUSTON, Dec. 7, 2015 /PRNewswire/ — Kraton Polymers LLC (the “Company”) announced today that it has commenced a private offering, with its wholly-owned subsidiary, Kraton Polymers Capital Corporation (“Kraton Capital”, and together with the Company, the “Issuers”) of $425 million in aggregate principal amount of senior notes due 2023 (the “Notes”). The offering of the Notes (the “Offering”), including the exact terms and timing of the Offering, will depend upon market conditions and other factors, and there can be no assurance as to whether the Offering will be completed or as to the actual size or terms of the Offering. the Issuers are wholly-owned subsidiaries of Kraton Performance Polymers, Inc. (NYSE: KRA) (“KPPI,” and together with its subsidiaries including the Issuers, “Kraton”), a leading global producer of styrenic block copolymers (“SBCs”).

The Issuers intend to use the net proceeds from the Offering to repurchase and/or redeem and retire all of the Issuers’ outstanding 6.75% Senior Notes pursuant to its previously announced tender offer and consent solicitation, including prepayment premiums with respect to such repurchase, to pay a portion of the cash purchase price for the Company’s previously announced pending acquisition of all of the capital stock of Arizona Chemical Holdings Corporation (“Arizona”), and to pay a portion of the acquisition and financing related expenses. the Notes will be fully and unconditionally guaranteed on a senior, unsecured Basis by KPPI and certain of its wholly-owned domestic subsidiaries including, following the consummation of the pending acquisition of Arizona, Arizona and its wholly-owned domestic subsidiaries.

The Notes will be offered, and sold, to persons reasonably believed to be qualified institutional buyers in the United States pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to persons outside of the United States pursuant to Regulation S under the Securities Act. the offer and sale of the Notes, and related guarantees, has not been, and will not be, registered under the Securities Act or any state securities laws and 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 laws.

This press release does not constitute an offer to sell or the solicitation of an offer to purchase any of the foregoing securities, nor shall there be any sale of the securities in any state or jurisdiction in which such offer, solicitation, sale or purchase would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. This press release does not constitute a notice of redemption with respect to the notes being redeemed.