Celanese Corporation, a global leader in the chemical and specialty materials industry, announced the signing of a new significant credit agreement, effective August 11, 2025. This agreement establishes a new $1.75 billion senior unsecured revolving credit facility.
The facility aims to provide Celanese with substantial financial flexibility and replaces the company’s previous revolving credit facility of the same size, which was set to expire in March 2027. Under the new terms, the maturity date has been extended to August 2030, giving Celanese a longer period of accessible liquidity.
The new facility aligns with Celanese’s broader financial strategy to actively and strategically manage its debt and liquidity. By establishing this extended unsecured revolver, the company demonstrates its commitment to maintaining strong liquidity and enhancing its balance sheet.
The agreement was made possible through continued support from the company’s banking partners, reflecting confidence in Celanese’s long-term growth, operational stability, and financial strength.
This move is particularly timely given Celanese’s ongoing business plans and current market conditions. As of the end of the second quarter, Celanese holds a strong liquidity position with $1.2 billion in cash. When combined with the $1.75 billion available through the new revolving credit facility, this enables the company to meet short-term obligations and pursue future investment opportunities effectively.
The increased flexibility from the new arrangement will support operations across Celanese’s global network, allowing quick responses to changing market demands and strategic initiatives, including possible acquisitions, capital spending, or debt refinancing.
Celanese remains focused on sustainable growth, creating value for its customers, employees, and shareholders, as well as responsibly managing its financial resources. Securing such a large and long-term facility highlights its strong credit profile and industry reputation.
With this development, Celanese emphasizes its proactive financial management and ongoing dedication to stability and growth into the coming years.
KEY QUOTE:
“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.”
Chuck Kyrish, Senior Vice President and Chief Financial Officer
