Press Release
Kraton Corporation Announces Proposed Private Offering of $400 Million in Aggregate Principal Amount of Senior Notes Due 2025
HOUSTON, March 15, 2017 /PRNewswire/ — Kraton Corporation (NYSE: KRA) (“Kraton”) announced today that Kraton Polymers LLC and Kraton Polymers Capital Corporation, its wholly-owned subsidiaries (together, the “Issuers”), intend to offer $400 million in aggregate principal amount of senior notes due 2025 (the “Notes”), subject to market and customary conditions. the Notes will be general unsecured obligations of Kraton Polymers LLC and Kraton Polymers Capital Corporation, and will be guaranteed by Kraton and each of the Issuers’ wholly-owned domestic subsidiaries that guarantee Kraton’s existing senior secured term loan facility, existing senior secured asset backed loan facility and existing 10.500% senior notes due 2023.
Kraton intends to use the net proceeds from the offering to repay a portion of the outstanding borrowings under its existing senior secured term loan facility.
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, have 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.
About Kraton Corporation
Kraton Corporation is a leading global producer of specialty polymers and high-value performance products derived from renewable resources. Kraton’s polymers are used in a wide range of applications, including adhesives, coatings, consumer and personal care products, sealants, and lubricants, and medical, packaging, automotive, paving, and roofing products. As the largest global provider in the pine chemicals industry, the company’s pine-based specialty products are sold into adhesive, road and construction, and tire markets, and it produces and sells a broad range of performance chemicals into markets that include fuel additives, oilfield chemicals, coatings, metalworking fluids and lubricants, inks, and mining. Kraton offers its products to a diverse customer base in over 70 countries worldwide.
*Kraton, the Kraton logo, and design are all trademarks of Kraton Corporation, or its subsidiaries or affiliates, in one or more, but not all countries.

SOURCE: Kraton Corporation
Media Contact: newsroom@kraton.com
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