Celanese Corp. Files 8-K: Material Agreements and Obligations
Ticker: CE · Form: 8-K · Filed: Aug 11, 2025 · CIK: 1306830
| Field | Detail |
|---|---|
| Company | Celanese CORP (CE) |
| Form Type | 8-K |
| Filed Date | Aug 11, 2025 |
| Risk Level | medium |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $0.0001, $1.75 billion, $250 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt, agreement, filing
TL;DR
Celanese Corp. filed an 8-K detailing new and terminated material agreements, plus new financial obligations related to its senior unsecured notes.
AI Summary
On August 11, 2025, Celanese Corp. entered into a material definitive agreement related to its senior unsecured notes due in 2026, 2027, 2028, 2029, and 2031. The company also terminated a material definitive agreement and created a direct financial obligation. Specific details regarding the nature of these agreements and obligations are not fully disclosed in this filing.
Why It Matters
This filing indicates significant changes in Celanese Corp.'s financial obligations and agreements, which could impact its financial structure and future operations.
Risk Assessment
Risk Level: medium — The filing involves material definitive agreements and financial obligations, suggesting potential shifts in the company's financial standing that warrant closer examination.
Key Players & Entities
- Celanese Corp. (company) — Filer of the 8-K
- 2026 (dollar_amount) — Maturity year for Senior Unsecured Notes
- 2027 (dollar_amount) — Maturity year for Senior Unsecured Notes
- 2028 (dollar_amount) — Maturity year for Senior Unsecured Notes
- 2029 (dollar_amount) — Maturity year for Senior Unsecured Notes
- 2031 (dollar_amount) — Maturity year for Senior Unsecured Notes
FAQ
What specific material definitive agreement did Celanese Corp. enter into on August 11, 2025?
The filing indicates an entry into a material definitive agreement related to Senior Unsecured Notes due in 2026, 2027, 2028, 2029, and 2031, but the specific terms are not detailed.
What material definitive agreement was terminated by Celanese Corp.?
The filing states that a material definitive agreement was terminated, but does not specify which agreement.
What type of direct financial obligation was created by Celanese Corp.?
The filing mentions the creation of a direct financial obligation, but the nature and details of this obligation are not provided.
What is the SIC code for Celanese Corp.?
The Standard Industrial Classification (SIC) code for Celanese Corp. is 2820, which corresponds to PLASTIC MATERIAL, SYNTH RESIN/RUBBER, CELLULOS (NO GLASS).
When was Celanese Corp. incorporated?
Celanese Corp. was incorporated in Delaware (DE).
Filing Stats: 1,411 words · 6 min read · ~5 pages · Grade level 12 · Accepted 2025-08-11 17:30:39
Key Financial Figures
- $0.0001 — ch Registered Common Stock, par value $0.0001 per share CE New York Stock Exchang
- $1.75 billion — edit Agreement provides for a five-year $1.75 billion unsecured revolving credit facility, wh
- $250 million — erein, and which includes a sublimit of $250 million for the issuance of letters of credit (
Filing Documents
- tm2523061d1_8k.htm (8-K) — 49KB
- tm2523061d1_ex10-1.htm (EX-10.1) — 891KB
- tm2523061d1_ex10-2.htm (EX-10.2) — 724KB
- 0001104659-25-076253.txt ( ) — 2258KB
- ce-20250811.xsd (EX-101.SCH) — 4KB
- ce-20250811_def.xml (EX-101.DEF) — 28KB
- ce-20250811_lab.xml (EX-101.LAB) — 40KB
- ce-20250811_pre.xml (EX-101.PRE) — 26KB
- tm2523061d1_8k_htm.xml (XML) — 9KB
01
Item 1.01 Entry into a Material Definitive Agreement Revolving Credit Agreement On August 11, 2025, Celanese Corporation (the "Company") and its wholly owned subsidiary Celanese US Holdings LLC ("Celanese US") entered into a Credit Agreement (the "Revolving Credit Agreement") by and among the Company, Celanese US as borrower, certain subsidiaries of Celanese US from time to time party thereto as borrowers, each lender from time to time party thereto, Bank of America, N.A., as Administrative Agent, a Swing Line Lender and an L/C Issuer and other Swing Line Lenders and L/C Issuers party thereto. Obligations under the Revolving Credit Agreement are guaranteed by the Company, Celanese US (in the case of borrowings by other borrowers) and certain domestic subsidiaries of Celanese US. The Revolving Credit Agreement provides for a five-year $1.75 billion unsecured revolving credit facility, which is available in U.S. dollars and certain other currencies as provided therein, and which includes a sublimit of $250 million for the issuance of letters of credit (the "Revolving Facility"). The Revolving Facility replaces the Company's existing revolving credit facility under the Credit Agreement dated as of March 18, 2022, by and among the Company, Celanese US, Celanese Europe B.V., a wholly owned subsidiary of the Company, certain subsidiaries of Celanese US from time to time party thereto as borrowers, each lender from time to time party thereto, Bank of America, N.A., as Administrative Agent, a Swing Line Lender and an L/C Issuer and other Swing Line Lenders and L/C Issuers party thereto, which was terminated on August 11, 2025 in connection with the entry into the Revolving Credit Agreement. Amounts outstanding under the Revolving Credit Agreement accrue interest at an annual rate based on, in the case of U.S. dollar borrowings, Daily Simple SOFR, Term SOFR or a customary base rate, at the borrower's election, or in the case of foreign currency borrowings, the interes
02
Item 1.02 Termination of a Material Definitive Agreement The information included in Item 1.01 of this Current Report is incorporated by reference into this Item 1.02.
03
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant The information included in Item 1.01 of this Current Report is incorporated by reference into this Item 2.03.
Financial Statements and Exhibits
Financial Statements and Exhibits (d) The following exhibits are being filed herewith: Exhibit Number Description 10.1 Credit Agreement, dated as of August 11, 2025, by and among Celanese Corporation, Celanese US Holdings LLC, certain subsidiaries of Celanese US Holdings LLC from time to time party thereto as borrowers, each lender from time to time party thereto, Bank of America, N.A., as Administrative Agent, a Swing Line Lender and an L/C Issuer and other Swing Line Lenders and L/C Issuers party thereto.* 10.2 Sixth Amendment to Credit Agreement, dated as of August 11, 2025, by and among Celanese Corporation, Celanese US Holdings LLC, the subsidiary guarantors party thereto, each lender party thereto, and Bank of America, N.A., as Administrative Agent, amending that certain Term Loan Credit Agreement dated as of March 18, 2022.* 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document contained in Exhibit 101) * The Company has omitted certain schedules and similar attachments to such agreements pursuant to Item 601(a)(5) of Regulation S-K. The Company will furnish a copy of such omitted documents to the SEC upon request. 3
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CELANESE CORPORATION By: /s/ ASHLEY B. DUFFIE Name: Ashley B. Duffie Title: Senior Vice President, General Counsel and Corporate Secretary Date: August 11, 2025 4