How will Hexion finance the acquisition of Huntsman?
What will the total debt be of the combined Hexion/Huntsman company? What will this mean for Huntsman? Details on the financing of Huntsman will be disclosed in the near future. We are confident that the Company will be properly capitalized to allow us to continue to innovate and serve our customers. We do believe the combined company will have stable cash flows sufficient to support an increased debt load. 6. Will any Huntsman businesses be sold to partially de-leverage the Hexion/Huntsman combination? We do not know of any plans to sell any Huntsman businesses for the purpose of reducing debt following the closing. 7. When is the transaction expected to close? Per the terms of the merger agreement, Hexion has until the expiration of 12 months, subject to a 90 day extension in the judgment of the Huntsman Board of Directors under certain circumstances, to close on the transaction. Hexion expects the transaction to close in the 1st quarter of 2008, subject to regulatory approvals. 8. A
