Kraton Polymers has raised $250 million in a sale of senior notes in the 144a private placement market, Reuters reports. The size of the transaction was initially planned at $200 million.

The global producer of styrenic block copolymers appointed Bank of America Merrill Lynch, Credit Suisse, Goldman Sachs, Morgan Stanley and Macquarie as the joint bookrunning managers for the deal. The notes carry a coupon of 6.75%, and are due to mature on March 1, 2019. 

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