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Celanese’s Debt Trend in 2018: Where Is It Headed?

Peter Neil
Celanese’s Debt Trend in 2018: Where Is It Headed?

At the end of the second quarter of 2018, Celanese (CE) reported debt of ~$.3.6 billion. Its debt remained stable at ~$3 billion between 2012 and 2016. However, at the end of 2017, Celanese raised 300 million euros to fund its qualified US pension plans. As a result, CE’s debt is at its highest level in more than six years.