New Issue-Kraton Polymers sells $250 mln in notes

Wed Feb 2, 2011 5:05pm EST

 Feb 2 (Reuters) - Kraton Polymers LLC/Capital Corp, a unit
of Kraton Performance Polymers Inc (KRA.N) on Wednesday sold
$250 million of senior notes in the 144a private placement
market, said a market source.
 The size of the deal was increased from an originally
planned $200 million.
 Bank of America Merrill Lynch, Credit Suisse, Goldman
Sachs, Morgan Stanley and Macquarie were the joint bookrunning
managers for the sale.
BORROWER: KRATON POLYMERS LLC/KRATON POLYMERS CAPITAL CORP
AMT $250 MLN      COUPON 6.75 PCT     MATURITY 3/1/2019  
TYPE SR NTS       ISS PRICE 100.00    FIRST PAY 9/1/2011 
MOODY'S B2        YIELD 6.75 PCT      SETTLEMENT 2/11/2011
S&P BB-MINUS      SPREAD 368 BPS      PAY FREQ SEMI-ANNUAL
FITCH N/A          MORE THAN TREAS    NON-CALLABLE 4 YRS*
* MAKE-WHOLE CALL 50 BPS