SECURITIES
AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 28, 2005
CELANESE CORPORATION
(Exact Name of
Registrant as specified in its
charter)
|
|
|
|
|
|
|
|
|
|
|
| DELAWARE | |
001-32410 | |
98-0420726 | ||||||
| (State or other jurisdiction of incorporation) |
|
(Commission File Number) |
|
(IRS
Employer Identification No.) |
||||||
|
||||||||||
1601 West
LBJ Freeway, Dallas, Texas 75234-6034
(Address of Principal
Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (972) 901-4500
Not
Applicable
(Former name or former address, if changed
since last report):
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
|
|
![[ ]](ebox.gif){kind=small} |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
| |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
| |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
| |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 1.01 Entry into a Material Definitive Agreement
Celanese Corporation announced today that its subsidiary BCP Crystals US Holdings Corporation amended its senior credit facilities to reduce its borrowing costs.
In the amendment, effective November 28, 2005, to the Amended and Restated Credit Agreement dated as of January 26, 2005, the margin over LIBO on approximately $1.4 billion of the U.S. dollar denominated portion of the Term Loans will be reduced from 2.25% to 2.00%. In addition, a further reduction of the interest rate to LIBO plus 1.75% is allowed if certain conditions are met.
A copy of the First Amendment to Credit Agreement is attached to this report as Exhibit 10.1, which is incorporated herein by reference. The above description of the First Amendment to Credit Agreement is not complete and is qualified in its entirety by reference to Exhibit 10.1.
Item. 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
The information described in Item 1.01 above is hereby incorporated by reference.
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits
|
|
| Exhibit Number | Description |
|
|
| 10.1 | First Amendment to Credit Agreement dated November 28, 2005* |
|
|
| 99.1 | Press Release dated December 2, 2005 announcing the First Amendment to the Credit Agreement* |
* Filed herewith.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|
CELANESE CORPORATION |
|
By: /s/ John J. Gallagher
III
Name: John J. Gallagher III Title: Executive Vice President and Chief Financial Officer |
Date: December 2, 2005
Exhibit Index
|
|
|
|
|
|
|
| Exhibit Number | |
Description | ||||
| 10.1 | |
First Amendment to Credit Agreement dated November 28, 2005* | ||||
|
||||||
| 99.1 | |
Press Release dated December 2, 2005 announcing the First Amendment to the Credit Agreement* | ||||
|
||||||
* Filed herewith.