Celanese Issues $1.4 Billion in Senior Notes
Celanese Corporation, through its subsidiary Celanese US Holdings LLC, has issued $1.4 billion in Senior Notes to strengthen its financial position and support future growth. This includes $600 million of 7.000% Senior Notes due 2031 and $800 million of 7.375% Senior Notes due 2034. Analysts rate CE stock as Hold with a $41.00 price target, noting financial challenges but positive cash flow trends. The company operates in the chemical industry, producing specialty materials and chemical products.
Tip Ranks·