Celanese Corp. Enters Material Definitive Agreement

Ticker: CE · Form: 8-K · Filed: 2025-02-18T00:00:00.000Z

Sentiment: neutral

Topics: debt-issuance, financing, material-agreement

TL;DR

Celanese just signed a big deal, likely involving new debt for notes due 2026-2029.

AI Summary

On February 17, 2025, Celanese Corp. entered into a material definitive agreement related to financial obligations. The company filed an 8-K report detailing these obligations, which include various series of senior unsecured notes due in 2026, 2027, 2028, and 2029.

Why It Matters

This filing indicates Celanese Corp. is undertaking new financial obligations, which could impact its debt structure and future financial flexibility.

Risk Assessment

Risk Level: medium — Entering into new financial obligations can introduce financial risk, especially concerning debt repayment and interest rates.

Key Players & Entities

Celanese Corp. (company) — Filer of the 8-K report
2026 (date) — Maturity year for Senior Unsecured Notes
2027 (date) — Maturity year for Senior Unsecured Notes
2028 (date) — Maturity year for Senior Unsecured Notes
2029 (date) — Maturity year for Senior Unsecured Notes

FAQ

What specific material definitive agreement did Celanese Corp. enter into on February 17, 2025?

The filing indicates the entry into a material definitive agreement related to the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement, specifically concerning senior unsecured notes due in 2026, 2027, 2028, and 2029.

What are the maturity dates of the senior unsecured notes mentioned in the filing?

The senior unsecured notes mentioned have maturity dates in 2026, 2027, 2028, and 2029.

What is the primary purpose of this 8-K filing for Celanese Corp.?

The primary purpose is to report the entry into a material definitive agreement and the creation of a direct financial obligation.

What is Celanese Corp.'s Standard Industrial Classification (SIC) code?

Celanese Corp.'s SIC code is 2820, which corresponds to PLASTIC MATERIAL, SYNTH RESIN/RUBBER, CELLULOS (NO GLASS).

When was this 8-K filing submitted to the SEC?

This 8-K filing was submitted on February 18, 2025.

From the Filing

0001104659-25-014755.txt : 20250218 0001104659-25-014755.hdr.sgml : 20250218 20250218160715 ACCESSION NUMBER: 0001104659-25-014755 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 17 CONFORMED PERIOD OF REPORT: 20250217 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250218 DATE AS OF CHANGE: 20250218 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Celanese Corp CENTRAL INDEX KEY: 0001306830 STANDARD INDUSTRIAL CLASSIFICATION: PLASTIC MATERIAL, SYNTH RESIN/RUBBER, CELLULOS (NO GLASS) [2820] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 980420726 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32410 FILM NUMBER: 25634881 BUSINESS ADDRESS: STREET 1: 222 W. LAS COLINAS BLVD., SUITE 900N CITY: IRVING STATE: TX ZIP: 75039-5421 BUSINESS PHONE: 972-443-4000 MAIL ADDRESS: STREET 1: 222 W. LAS COLINAS BLVD., SUITE 900N CITY: IRVING STATE: TX ZIP: 75039-5421 FORMER COMPANY: FORMER CONFORMED NAME: Celanese CORP DATE OF NAME CHANGE: 20041102 FORMER COMPANY: FORMER CONFORMED NAME: Blackstone Crystal Holdings Capital Partners (Cayman) IV Ltd. DATE OF NAME CHANGE: 20041022 8-K 1 tm256799d1_8k.htm FORM 8-K false 0001306830 0001306830 2025-02-17 2025-02-17 0001306830 us-gaap:CommonStockMember 2025-02-17 2025-02-17 0001306830 CE:SeniorUnsecuredNotesDue2026Member 2025-02-17 2025-02-17 0001306830 CE:SeniorUnsecuredNotesDue2027Member 2025-02-17 2025-02-17 0001306830 CE:SeniorUnsecuredNotesDue2028Member 2025-02-17 2025-02-17 0001306830 CE:SeniorUnsecuredNotesDue2029Member 2025-02-17 2025-02-17 iso4217:USD xbrli:shares iso4217:USD xbrli:shares     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   FORM  8-K   CURRENT REPORT  Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (Date of earliest event reported): February 18, 2025  ( February 17, 2025 )   CELANESE CORPORATION  (Exact name of registrant as specified in its charter)   Delaware   001-32410   98-0420726 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.)   222 West Las Colinas Blvd. Suite 900N , Irving , TX 75039 (Address of Principal Executive Offices) (Zip Code)   Registrant's telephone number, including area code: ( 972 ) 443-4000   N/A (Former name or former address, if changed since last report)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):   ¨  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ¨  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ¨        Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ¨  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))    Securities registered pursuant to Section 12(b) of the Act:   Title of Each Class Trading Symbol(s)  Name of Each Exchange on Which Registered Common Stock, par value $0.0001 per share CE The New York Stock Exchange 4.777% Senior Notes due 2026 CE /26A The New York Stock Exchange 2.125% Senior Notes due 2027 CE /27 The New York Stock Exchange 0.625% Senior Notes due 2028 CE /28 The New York Stock Exchange 5.337% Senior Notes due 2029 CE /29A The New York Stock Exchange   Indicate by check mark whether t