Celanese U.S. Holding LLC Secures $2.6 Billion in Senior Notes Offering
Deal News | Mar 21, 2025 | Paul Hastings
Paul Hastings LLP played a significant role in advising on a $2.6 billion senior notes offering by Celanese U.S. Holding LLC, a subsidiary of Celanese Corporation. The funds generated from this offering are designated for a simultaneous cash tender offer by Celanese U.S. Holding LLC and for the repayment of other debts. The advisory services of Paul Hastings extended to both the underwriters and dealer managers of the offering. The effort was led by Global Finance partner Marc Lashbrook with support from partners Jeff Ramsay, Cara Armani, Emily Entwistle, and Travis King. Paul Hastings is known for its global expertise across several key practice areas and its strong relationships with leading financial institutions.
Sectors
- Financial Services
- Chemicals
- Legal Services
Geography
- United States – Celanese U.S. Holding LLC is a U.S.-based entity and the transaction involves U.S. financial markets.
Industry
- Financial Services – The article discusses a significant financial transaction involving the issuance of senior notes and related advisory services.
- Chemicals – Celanese Corporation operates in the chemicals and specialty materials industry, which is central to the article.
- Legal Services – Paul Hastings, a law firm, provided legal advisory services for the transaction.
Financials
- $2.6 billion – The total value of the senior notes offering by Celanese U.S. Holding LLC.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Paul Hastings LLP | Legal Advisor | Company | Paul Hastings advised the underwriters and dealer managers in the senior notes offering. |
| Celanese U.S. Holding LLC | Target Company | Company | A subsidiary of Celanese Corporation involved in the $2.6 billion senior notes offering. |
| Celanese Corporation | Parent Company | Company | The global chemical and specialty materials parent company of Celanese U.S. Holding LLC. |
| Marc Lashbrook | Global Finance Partner | Person | Paul Hastings partner leading the transaction advisory team. |
| Jeff Ramsay | Partner | Person | Part of the Paul Hastings team advising on the transaction. |
| Cara Armani | Partner | Person | Part of the Paul Hastings team advising on the transaction. |
| Emily Entwistle | Partner | Person | Part of the Paul Hastings team advising on the transaction. |
| Travis King | Partner | Person | Part of the Paul Hastings team advising on the transaction. |