FRANKFURT, Germany--(BUSINESS WIRE)--
Styrolution announces redemption of its outstanding euro-denominated 7.625% Senior Secured Notes due 2016
Frankfurt, Germany – November 10, 2014 – Styrolution today announced that it has redeemed the €480 million aggregate principal amount of its outstanding euro-denominated 7.625% Senior Secured Notes due 2016.
Styrolution is the leading, global styrenics supplier with a focus on styrene monomer, polystyrene, Standard ABS and styrenic specialties. With world-class production facilities and more than 80 years of experience, Styrolution helps its customers succeed by offering the best possible solution, designed to give them a competitive edge in their markets. The company provides styrenic applications for many everyday products across a broad range of industries, including automotive, electronics, household, construction, healthcare, toys/sports/leisure, and packaging. In 2013, sales were at 5.8 billion euros, resulting in an EBITDA before special items of 442 million euros. Styrolution employs approximately 3,200 people and operates 17 production sites in ten countries.
For further information please visit www.styrolution.com.
If you have any questions, please do not hesitate to contact us.
Vice President Corporate Communications, Investor Relations,
Advocacy and Change Management
Styrolution Group GmbH
60325 Frankfurt, Germany
Phone: +49 69 509550-1024