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Celanese Secures $1.75 Billion Revolving Credit Facility, Extending Maturity Date to 2030.
ByAinvest
Monday, Aug 11, 2025 11:58 pm ET1min read
Celanese Corporation has secured a new $1.75 billion revolving credit facility, replacing the existing one, and extending its maturity date to August 2030. The company maintains $1.2 billion in cash reserves as of Q2 and has reported 2024 net sales of $10.3 billion.
Celanese Corporation (NYSE: CE), a global leader in specialty chemicals and materials, has secured a new $1.75 billion revolving credit facility, replacing its previous facility and extending its maturity date to August 2030. The announcement was made on August 11, 2025, and the new facility will provide the company with enhanced liquidity and financial flexibility [1].Chuck Kyrish, Senior Vice President and Chief Financial Officer of Celanese, stated, "This Agreement demonstrates our ongoing commitment to proactively and opportunistically manage Celanese’s debt and liquidity profile. We are pleased to have the support of our bank partners to extend the Company’s liquidity into 2030 on an unsecured basis. We continue to maintain strong liquidity in the form of $1.2 billion in cash as of the end of the second quarter as well as $1.75 billion of available capacity on the revolver" [1].
Celanese Corporation maintains a robust financial position, with a strong liquidity profile and a commitment to sustainability. As of the end of the second quarter, the company reported $1.2 billion in cash reserves, along with $1.75 billion of available capacity on its revolver. Additionally, the company's 2024 net sales amounted to $10.3 billion [1, 2].
The new revolving credit facility underscores Celanese's strategic focus on managing its debt and liquidity profile effectively. This move will enable the company to continue investing in its operations, research and development, and sustainable initiatives, while maintaining a strong financial position.
For further information regarding the Agreement, please refer to the Company’s Current Report on Form 8-K to be filed with the Securities and Exchange Commission.
References:
[1] https://www.businesswire.com/news/home/20250811357147/en/Celanese-Corporation-Announces-New-%241.75-Billion-Revolving-Credit-Facility
[2] https://www.morningstar.com/news/business-wire/20250811357147/celanese-corporation-announces-new-175-billion-revolving-credit-facility
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