Consumables

Kraton Performance Polymers, Inc. Commences Public Offering of Common Stock

Wednesday 30. March 2011 - Kraton Performance Polymers, Inc. (NYSE: KRA), a leading global producer of styrenic block copolymers, announced today that it has commenced an underwritten public offering of 6,000,000 shares of its common stock held by affiliates of TPG Capital, L.P. and J.P. Morgan Partners, LLC, pursuant to the Company's registration statement on Form S-3 filed with the U.S. Securities and Exchange Commission (the "SEC").

The underwriters will have a 30-day option to purchase up to an additional 15% of common stock from the affiliates of TPG Capital, L.P. and J.P. Morgan Partners, LLC at the public offering price to cover over-allotments, if any.The Company will not receive any proceeds from the offering, and the total number of shares of common stock outstanding will not change as a result of this offering.
Credit Suisse Securities (USA) LLC, BofA Merrill Lynch, Morgan Stanley& Co. Incorporated, Goldman, Sachs & Co., and Oppenheimer & Co. Inc. will be the bookrunning managers of the offering.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.