Huntsman International LLC -- Moody's Rates Huntsman's new unsecured notes B1

New York, October 29, 2014 -- Moody's Investors Service assigned a B1 rating to Huntsman International LLC's (HI) new $300 million senior unsecured notes offering. The proceeds from the notes are expected to be used to fund the repayment of a portion of its 8.625% subordinated notes due 2020. No other ratings were affected, though point estimate adjustments were made per Moody's Loss Given Default Methodology due to debt moving from a subordinated tranche to an unsecured tranche. HI is a direct subsidiary of Huntsman Corporation (Huntsman), and both entities have Corporate Family Ratings (CFRs) of Ba3 with stable outlooks.

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