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Huntsman International LLC -- Moody's assigns Baa3 rating to Huntsman's notes

Moody's Investors Service ("Moody's") assigned a Baa3 rating to Huntsman International LLC's (Huntsman) proposed issuance of senior unsecured notes due 2029. The Baa3 rating reflects Huntsman's leading positions in formulated urethanes and epoxy resins, which have high margins, low capital intensity and organic growth rates well in excess of GDP levels. The Baa3 rating is also supported by the improvement in financial performance over the past several years from all four of its business segments, despite some volatility due to commodity prices (MTBE and MDI).