February 2, 2011 / 10:06 PM / 6 years ago

New Issue-Kraton Polymers sells $250 mln in notes

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 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   

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