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SEC Filings

8-K
KRATON CORP filed this Form 8-K on 04/27/2017
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Kraton First Quarter 2017 Earnings Call 9 Capital Structure ▪ Repriced term loan in early January, reducing interest rate by 100 basis points ▪ Issued $400 million of 7% Senior Notes due 2025, proceeds used to repay Term Loan Facility As of March 31, 2017 As of December 31, 2016 (In millions) Term Loan $ 886.0 $ 1,278.0 10.5% Senior Notes 440.0 440.0 7.0% Senior Notes 400.0 — ABL — — Capital lease 2.8 3.0 Kraton debt 1,728.8 1,721.0 Kraton cash 86.1 107.6 Kraton net debt $ 1,642.7 $ 1,613.4 KFPC(1) loan $ 136.0 $ 115.9 KFPC(1) cash 17.9 14.2 KFPC(1) net debt 118.1 101.7 Consolidated net debt $ 1,760.7 $ 1,715.1 (1) This amount includes all of the indebtedness of our Kraton Formosa Polymers Corporation (KFPC) joint venture, located in Mailiao, Taiwan, which we own a 50% stake in and consolidate within our financial statements. Note: May not foot due to rounding.


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