New York, November 10, 2014 -- Moody's Investors Service assigned Baa2 ratings to Eastman Chemical Company's (Eastman) offering of 5 and10 year unsecured notes. Eastman will also issue 30 year unsecured notes as an add-on to the notes it issued in May 2014. Eastman may issue a combined total of up to $2 billion of notes to fund a majority of the cash required for its $2.8 billion acquisition of Taminco Global Chemical Corporation (Taminco -- rated B2). The outlook is stable.
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