Huntsman LLC has completed offerings

Salt Lake-based Huntsman International LLC said Friday that it has completed the offering of $175 million of 7 3/8 percent senior subordinated notes due 2015 and $135 million of 7 1/2 percent senior subordinated notes due 2015.

The company said it will use the net proceeds to redeem part of its outstanding 10 1/8 percent senior subordinated notes due 2009.

The company has called $231 million and $77 million of the 10 1/8 percent notes for redemption on Dec. 31 and $2.9 million and $982,000 of the 10 1/8 percent notes for redemption on Jan 3.

The Huntsman group of companies has its world headquarters in Salt Lake City, but its administrative headquarters are in Texas. The Huntsman companies have more than 15,000 employees worldwide in six divisions: advanced materials, base chemicals, performance products, pigments, polymers and polyurethanes. Its materials are found in everything from cars, airplanes and footwear to paints, textiles and packaging products.

The companies include HMP Equity Holdings Corp. and its principal operating subsidiaries Huntsman LLC, Huntsman International Holdings LLC and Huntsman Advanced Materials LLC.