-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, K9SvU5IYhjpyDvzXySvpyM8xMue4Rk4gYQQvzpZOJOYeeUrYnLPnymy1YaSEh2uC y0RV17igReTjJwfE3HGyyg== 0001193125-10-005059.txt : 20100112 0001193125-10-005059.hdr.sgml : 20100112 20100112143752 ACCESSION NUMBER: 0001193125-10-005059 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20100112 DATE AS OF CHANGE: 20100112 GROUP MEMBERS: AAA GUARANTOR - CO-INVEST VI, L.P. GROUP MEMBERS: AAA MIP LIMITED GROUP MEMBERS: AIF VI MANAGEMENT, LLC GROUP MEMBERS: APOLLO ADVISORS VI, L.P. GROUP MEMBERS: APOLLO ALTERNATIVE ASSETS, L.P. GROUP MEMBERS: APOLLO CAPITAL MANAGEMENT VI, LLC GROUP MEMBERS: APOLLO INTERNATIONAL MANAGEMENT GP, LLC GROUP MEMBERS: APOLLO INTERNATIONAL MANAGEMENT, L.P. GROUP MEMBERS: APOLLO INVESTMENT FUND VI, L.P. GROUP MEMBERS: APOLLO MANAGEMENT GP, LLC GROUP MEMBERS: APOLLO MANAGEMENT HOLDINGS GP, LLC GROUP MEMBERS: APOLLO MANAGEMENT VI, L.P. GROUP MEMBERS: APOLLO MANAGEMENT, L.P. GROUP MEMBERS: APOLLO OVERSEAS PARTNERS (DELAWARE 892) VI, L.P. GROUP MEMBERS: APOLLO OVERSEAS PARTNERS (DELAWARE) VI, L.P. GROUP MEMBERS: APOLLO OVERSEAS PARTNERS (GERMANY) VI, L.P. GROUP MEMBERS: APOLLO OVERSEAS PARTNERS VI, L.P. GROUP MEMBERS: APOLLO PRINCIPAL HOLDINGS I GP, LLC GROUP MEMBERS: APOLLO PRINCIPAL HOLDINGS I, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Huntsman CORP CENTRAL INDEX KEY: 0001307954 STANDARD INDUSTRIAL CLASSIFICATION: CHEMICALS & ALLIED PRODUCTS [2800] IRS NUMBER: 421648585 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-80566 FILM NUMBER: 10522450 BUSINESS ADDRESS: STREET 1: 500 HUNTSMAN WAY CITY: SALT LAKE CITY STATE: UT ZIP: 84108 BUSINESS PHONE: (801) 584-5700 MAIL ADDRESS: STREET 1: 500 HUNTSMAN WAY CITY: SALT LAKE CITY STATE: UT ZIP: 84108 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Apollo Management Holdings, L.P. CENTRAL INDEX KEY: 0001449434 IRS NUMBER: 208351069 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 9 W. 57TH STREET STREET 2: 43RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 212-515-3200 MAIL ADDRESS: STREET 1: 9 W. 57TH STREET STREET 2: 43RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 SC 13D/A 1 dsc13da.htm AMENDMENT NO.1 TO SCHEDULE 13D Amendment No.1 to Schedule 13D

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D/A

(Amendment No. 1)

Under the Securities Exchange Act of 1934

Huntsman Corporation

 

(Name of Issuer)

 

Common Stock, $0.01 par value

 

(Title of Class of Securities)

447011107

 

(CUSIP Number)

John J. Suydam, Esq.

Apollo Management, L.P.

9 West 57th Street

New York NY 10019

Telephone: (212) 515-3237

 

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

with a copy to:

Andrew J. Nussbaum, Esq.

Wachtell, Lipton, Rosen and Katz

51 W. 52nd Street

New York, NY 10019

Telephone: (212) 403-1269

January 11, 2010

 

(Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.  ¨

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).


CUSIP No. 447011107    SCHEDULE 13D    (Page 1 of 27)

 

  1   

NAME OF REPORTING PERSONS:

 

Apollo Investment Fund VI, L.P.

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

(a)  ¨        (b)  x

 

  3  

SEC USE ONLY:

 

  4  

SOURCES OF FUNDS (SEE INSTRUCTIONS):

 

OO

  5  

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e):

 

¨

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION:

 

Delaware    

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON WITH

     7    

SOLE VOTING POWER:

 

0 shares

     8   

SHARED VOTING POWER:

 

0 shares

     9   

SOLE DISPOSITIVE POWER:

 

0 shares

   10   

SHARED DISPOSITIVE POWER:

 

0 shares

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

0 shares

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):

 

¨

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):

 

0%

14

 

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

PN

 


CUSIP No. 447011107    SCHEDULE 13D    (Page 2 of 27)

 

  1   

NAME OF REPORTING PERSONS:

 

Apollo Overseas Partners (Delaware 892) VI, L.P.

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

(a)  ¨        (b)  x

 

  3  

SEC USE ONLY:

 

  4  

SOURCES OF FUNDS (SEE INSTRUCTIONS):

 

OO

  5  

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e):

 

¨

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION:

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON WITH

     7    

SOLE VOTING POWER:

 

0 shares

     8   

SHARED VOTING POWER:

 

0 shares

     9   

SOLE DISPOSITIVE POWER:

 

0 shares

   10   

SHARED DISPOSITIVE POWER:

 

0 shares

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

0 shares

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):

 

¨

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):

 

0%

14

 

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

PN

 


CUSIP No. 447011107    SCHEDULE 13D    (Page 3 of 27)

 

  1   

NAME OF REPORTING PERSONS:

 

Apollo Overseas Partners VI, L.P.

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

(a)  ¨        (b)  x

 

  3  

SEC USE ONLY:

 

  4  

SOURCES OF FUNDS (SEE INSTRUCTIONS):

 

OO

  5  

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e):

 

¨

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION:

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON WITH

     7    

SOLE VOTING POWER:

 

0 shares

     8   

SHARED VOTING POWER:

 

0 shares

     9   

SOLE DISPOSITIVE POWER:

 

0 shares

   10   

SHARED DISPOSITIVE POWER:

 

0 shares

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

0 shares

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):

 

¨

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):

 

0%

14

 

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

PN

 


CUSIP No. 447011107    SCHEDULE 13D    (Page 4 of 27)

 

  1   

NAME OF REPORTING PERSONS:

 

Apollo Overseas Partners (Delaware) VI, L.P.

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

(a)  ¨        (b)  x

 

  3  

SEC USE ONLY:

 

  4  

SOURCES OF FUNDS (SEE INSTRUCTIONS):

 

OO

  5  

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e):

 

¨

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION:

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON WITH

     7    

SOLE VOTING POWER:

 

0 shares

     8   

SHARED VOTING POWER:

 

0 shares

     9   

SOLE DISPOSITIVE POWER:

 

0 shares

   10   

SHARED DISPOSITIVE POWER:

 

0 shares

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

0 shares

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):

 

¨

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):

 

0%

14

 

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

PN

 


CUSIP No. 447011107    SCHEDULE 13D    (Page 5 of 27)

 

  1   

NAME OF REPORTING PERSONS:

 

Apollo Overseas Partners (Germany) VI, L.P.

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

(a)  ¨        (b)  x

 

  3  

SEC USE ONLY:

 

  4  

SOURCES OF FUNDS (SEE INSTRUCTIONS):

 

OO

  5  

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e):

 

¨

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION:

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON WITH

     7    

SOLE VOTING POWER:

 

0 shares

     8   

SHARED VOTING POWER:

 

0 shares

     9   

SOLE DISPOSITIVE POWER:

 

0 shares

   10   

SHARED DISPOSITIVE POWER:

 

0 shares

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

0 shares

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):

 

¨

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):

 

0%

14

 

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

PN

 


CUSIP No. 447011107    SCHEDULE 13D    (Page 6 of 27)

 

  1   

NAME OF REPORTING PERSONS:

 

Apollo Advisors VI, L.P.

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

(a)  ¨        (b)  x

 

  3  

SEC USE ONLY:

 

  4  

SOURCES OF FUNDS (SEE INSTRUCTIONS):

 

OO

  5  

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e):

 

¨

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION:

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON WITH

     7    

SOLE VOTING POWER:

 

0 shares

     8   

SHARED VOTING POWER:

 

0 shares

     9   

SOLE DISPOSITIVE POWER:

 

0 shares

   10   

SHARED DISPOSITIVE POWER:

 

0 shares

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

0 shares

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):

 

¨

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):

 

0%

14

 

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

PN

 


CUSIP No. 447011107    SCHEDULE 13D    (Page 7 of 27)

 

  1   

NAME OF REPORTING PERSONS:

 

Apollo Capital Management VI, LLC

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

(a)  ¨        (b)  x

 

  3  

SEC USE ONLY:

 

  4  

SOURCES OF FUNDS (SEE INSTRUCTIONS):

 

OO

  5  

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e):

 

¨

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION:

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON WITH

     7    

SOLE VOTING POWER:

 

0 shares

     8   

SHARED VOTING POWER:

 

0 shares

     9   

SOLE DISPOSITIVE POWER:

 

0 shares

   10   

SHARED DISPOSITIVE POWER:

 

0 shares

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

0 shares

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):

 

¨

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):

 

0%

14

 

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

OO

 


CUSIP No. 447011107    SCHEDULE 13D    (Page 8 of 27)

 

  1   

NAME OF REPORTING PERSONS:

 

Apollo Principal Holdings I, L.P.

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

(a)  ¨        (b)  x

 

  3  

SEC USE ONLY:

 

  4  

SOURCES OF FUNDS (SEE INSTRUCTIONS):

 

OO

  5  

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e):

 

¨

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION:

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON WITH

     7    

SOLE VOTING POWER:

 

0 shares

     8   

SHARED VOTING POWER:

 

0 shares

     9   

SOLE DISPOSITIVE POWER:

 

0 shares

   10   

SHARED DISPOSITIVE POWER:

 

0 shares

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

0 shares

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):

 

¨

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):

 

0%

14

 

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

PN

 


CUSIP No. 447011107    SCHEDULE 13D    (Page 9 of 27)

 

  1   

NAME OF REPORTING PERSONS:

 

Apollo Principal Holdings I GP, LLC

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

(a)  ¨        (b)  x

 

  3  

SEC USE ONLY:

 

  4  

SOURCES OF FUNDS (SEE INSTRUCTIONS):

 

OO

  5  

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e):

 

¨

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION:

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON WITH

     7    

SOLE VOTING POWER:

 

0 shares

     8   

SHARED VOTING POWER:

 

0 shares

     9   

SOLE DISPOSITIVE POWER:

 

0 shares

   10   

SHARED DISPOSITIVE POWER:

 

0 shares

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

0 shares

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):

 

¨

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):

 

0%

14

 

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

OO

 


CUSIP No. 447011107    SCHEDULE 13D    (Page 10 of 27)

 

  1   

NAME OF REPORTING PERSONS:

 

Apollo Management VI, L.P.

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

(a)  ¨        (b)  x

 

  3  

SEC USE ONLY:

 

  4  

SOURCES OF FUNDS (SEE INSTRUCTIONS):

 

OO

  5  

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e):

 

¨

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION:

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON WITH

     7    

SOLE VOTING POWER:

 

0 shares

     8   

SHARED VOTING POWER:

 

0 shares

     9   

SOLE DISPOSITIVE POWER:

 

0 shares

   10   

SHARED DISPOSITIVE POWER:

 

0 shares

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

0 shares

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):

 

¨

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):

 

0%

14

 

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

PN

 


CUSIP No. 447011107    SCHEDULE 13D    (Page 11 of 27)

 

  1   

NAME OF REPORTING PERSONS:

 

AIF VI Management, LLC

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

(a)  ¨        (b)  x

 

  3  

SEC USE ONLY:

 

  4  

SOURCES OF FUNDS (SEE INSTRUCTIONS):

 

OO

  5  

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e):

 

¨

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION:

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON WITH

     7    

SOLE VOTING POWER:

 

0 shares

     8   

SHARED VOTING POWER:

 

0 shares

     9   

SOLE DISPOSITIVE POWER:

 

0 shares

   10   

SHARED DISPOSITIVE POWER:

 

0 shares

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

0 shares

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):

 

¨

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):

 

0%

14

 

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

OO

 


CUSIP No. 447011107    SCHEDULE 13D    (Page 12 of 27)

 

  1   

NAME OF REPORTING PERSONS:

 

Apollo Management, L.P.

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

(a)  ¨        (b)  x

 

  3  

SEC USE ONLY:

 

  4  

SOURCES OF FUNDS (SEE INSTRUCTIONS):

 

OO

  5  

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e):

 

¨

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION:

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON WITH

     7    

SOLE VOTING POWER:

 

0 shares

     8   

SHARED VOTING POWER:

 

0 shares

     9   

SOLE DISPOSITIVE POWER:

 

0 shares

   10   

SHARED DISPOSITIVE POWER:

 

0 shares

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

0 shares

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):

 

¨

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):

 

0%

14

 

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

PN

 


CUSIP No. 447011107    SCHEDULE 13D    (Page 13 of 27)

 

  1   

NAME OF REPORTING PERSONS:

 

Apollo Management GP, LLC

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

(a)  ¨        (b)  x

 

  3  

SEC USE ONLY:

 

  4  

SOURCES OF FUNDS (SEE INSTRUCTIONS):

 

OO

  5  

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e):

 

¨

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION:

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON WITH

     7    

SOLE VOTING POWER:

 

0 shares

     8   

SHARED VOTING POWER:

 

0 shares

     9   

SOLE DISPOSITIVE POWER:

 

0 shares

   10   

SHARED DISPOSITIVE POWER:

 

0 shares

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

0 shares

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):

 

¨

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):

 

0%

14

 

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

OO

 


CUSIP No. 447011107    SCHEDULE 13D    (Page 14 of 27)

 

  1   

NAME OF REPORTING PERSONS:

 

AAA Guarantor – Co-Invest VI, L.P.

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

(a)  ¨        (b)  x

 

  3  

SEC USE ONLY:

 

  4  

SOURCES OF FUNDS (SEE INSTRUCTIONS):

 

OO

  5  

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e):

 

x

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION:

 

Guernsey

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON WITH

     7    

SOLE VOTING POWER:

 

0 shares

     8   

SHARED VOTING POWER:

 

0 shares

     9   

SOLE DISPOSITIVE POWER:

 

0 shares

   10   

SHARED DISPOSITIVE POWER:

 

0 shares

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

0 shares

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):

 

¨

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):

 

0%

14

 

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

PN

 


CUSIP No. 447011107    SCHEDULE 13D    (Page 15 of 27)

 

  1   

NAME OF REPORTING PERSONS:

 

AAA MIP Limited

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

(a)  ¨        (b)  x

 

  3  

SEC USE ONLY:

 

  4  

SOURCES OF FUNDS (SEE INSTRUCTIONS):

 

OO

  5  

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e):

 

x

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION:

 

Guernsey

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON WITH

     7    

SOLE VOTING POWER:

 

0 shares

     8   

SHARED VOTING POWER:

 

0 shares

     9   

SOLE DISPOSITIVE POWER:

 

0 shares

   10   

SHARED DISPOSITIVE POWER:

 

0 shares

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

0 shares

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):

 

¨

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):

 

0%

14

 

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

OO

 


CUSIP No. 447011107    SCHEDULE 13D    (Page 16 of 27)

 

  1   

NAME OF REPORTING PERSONS:

 

Apollo Alternative Assets, L.P.

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

(a)  ¨        (b)  x

 

  3  

SEC USE ONLY:

 

  4  

SOURCES OF FUNDS (SEE INSTRUCTIONS):

 

OO

  5  

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e):

 

x

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION:

 

Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON WITH

     7    

SOLE VOTING POWER:

 

0 shares

     8   

SHARED VOTING POWER:

 

0 shares

     9   

SOLE DISPOSITIVE POWER:

 

0 shares

   10   

SHARED DISPOSITIVE POWER:

 

0 shares

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

0 shares

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):

 

¨

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):

 

0%

14

 

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

PN

 


CUSIP No. 447011107    SCHEDULE 13D    (Page 17 of 27)

 

  1   

NAME OF REPORTING PERSONS:

 

Apollo International Management, L.P.

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

(a)  ¨        (b)  x

 

  3  

SEC USE ONLY:

 

  4  

SOURCES OF FUNDS (SEE INSTRUCTIONS):

 

OO

  5  

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e):

 

¨

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION:

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON WITH

     7    

SOLE VOTING POWER:

 

0 shares

     8   

SHARED VOTING POWER:

 

0 shares

     9   

SOLE DISPOSITIVE POWER:

 

0 shares

   10   

SHARED DISPOSITIVE POWER:

 

0 shares

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

0 shares

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):

 

¨

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):

 

0%

14

 

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

PN

 


CUSIP No. 447011107    SCHEDULE 13D    (Page 18 of 27)

 

  1   

NAME OF REPORTING PERSONS:

 

Apollo International Management GP, LLC

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

(a)  ¨        (b)  x

 

  3  

SEC USE ONLY:

 

  4  

SOURCES OF FUNDS (SEE INSTRUCTIONS):

 

OO

  5  

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e):

 

¨

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION:

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON WITH

     7    

SOLE VOTING POWER:

 

0 shares

     8   

SHARED VOTING POWER:

 

0 shares

     9   

SOLE DISPOSITIVE POWER:

 

0 shares

   10   

SHARED DISPOSITIVE POWER:

 

0 shares

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

0 shares

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):

 

¨

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):

 

0%

14

 

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

OO

 


CUSIP No. 447011107    SCHEDULE 13D    (Page 19 of 27)

 

  1   

NAME OF REPORTING PERSONS:

 

Apollo Management Holdings, L.P.

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

(a)  ¨        (b)  x

 

  3  

SEC USE ONLY:

 

  4  

SOURCES OF FUNDS (SEE INSTRUCTIONS):

 

OO

  5  

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e):

 

¨

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION:

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON WITH

     7    

SOLE VOTING POWER:

 

0 shares

     8   

SHARED VOTING POWER:

 

0 shares

     9   

SOLE DISPOSITIVE POWER:

 

0 shares

   10   

SHARED DISPOSITIVE POWER:

 

0 shares

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

0 shares

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):

 

¨

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):

 

0%

14

 

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

PN

 


CUSIP No. 447011107    SCHEDULE 13D    (Page 20 of 27)

 

  1   

NAME OF REPORTING PERSONS:

 

Apollo Management Holdings GP, LLC

 

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

(a)  ¨        (b)  x

 

  3  

SEC USE ONLY:

 

  4  

SOURCES OF FUNDS (SEE INSTRUCTIONS):

 

OO

  5  

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e):

 

¨

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION:

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON WITH

     7    

SOLE VOTING POWER:

 

0 shares

     8   

SHARED VOTING POWER:

 

0 shares

     9   

SOLE DISPOSITIVE POWER:

 

0 shares

   10   

SHARED DISPOSITIVE POWER:

 

0 shares

11

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

0 shares

12

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):

 

¨

13

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):

 

0%

14

 

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

OO

 


This terminating Amendment No. 1 to Schedule 13D supplements and amends the Statement on Schedule 13D filed on October 26, 2009 (as amended hereby, this “Statement”) by the Reporting Persons with respect to the common stock, par value $0.01 (the “Common Stock”) of Huntsman Corporation, a corporation incorporated under the laws of Delaware (the “Issuer”). Unless otherwise indicated, each capitalized term used by not otherwise defined herein shall have the meaning assigned to such term in the Statement on Schedule 13D filed on October 26, 2009.

Responses to each item of this Amendment No. 1 to Schedule 13D are incorporated by reference into the response to each other item, as applicable.

 

ITEM 1. Security and Issuer

 

ITEM 2. Identity and Background

 

ITEM 3. Source and Amount of Funds or Other Consideration

 

ITEM 4. Purpose of Transaction

 

ITEM 5. Interest in Securities of the Issuer

As a result of the transaction described in Item 6 below, as of the date of this Statement, none of the Reporting Persons beneficially owns any shares of Common Stock. Because the Reporting Persons ceased to beneficially own more than five percent of the Common Stock on January 11, 2010, the reporting obligations of the Reporting Persons pursuant to Section 13(d) of the Exchange Act have terminated.

 

ITEM 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

Pursuant to a Purchase and Sale Agreement dated as of January 10, 2010 (the “Purchase and Sale Agreement”), on January 11, 2010, the Apollo Partnerships sold all of the Notes held by them to the Issuer in a private transaction, for an aggregate sale price of $382,311,111.13, broken down as follows: AIF VI, $200,438,825.75; Overseas 892, $56,040,118.40; Overseas VI, $54,695,810.07; Overseas Delaware, $22,654,631.34; Overseas Germany, $692,836.68; Co-Invest VI, $47,788,888.89. A copy of the Purchase and Sale Agreement is filed herewith as Exhibit 5 to this Statement, and is incorporated herein by reference.

Other than as disclosed herein, no transactions in the Common Stock were effected by the Reporting Persons during the preceding 60 days.

 

ITEM 7. Material to be Filed as Exhibits

 

Exhibit

  

Description

5    Purchase and Sale Agreement, dated January 10, 2010, by and among Huntsman Corporation and the Apollo Partnerships

 

21


SIGNATURES

After reasonable inquiry and to the best knowledge and belief of each of the undersigned, each of the undersigned certifies that the information set forth in this statement with respect to such person is true, complete and correct.

Dated: January 12, 2010

 

APOLLO INVESTMENT FUND VI, L.P.
By:   Apollo Advisors VI, L.P.,
its general partner
  By:   Apollo Capital Management VI, LLC,
its general partner
    By:   /s/    LAURIE D. MEDLEY        
    Name:   Laurie D. Medley
    Title:   Vice President
APOLLO OVERSEAS PARTNERS VI, L.P.
By:   Apollo Advisors VI, L.P.,
its managing general partner
  By:   Apollo Capital Management VI, LLC,
its general partner
    By:   /s/    LAURIE D. MEDLEY        
    Name:   Laurie D. Medley
    Title:   Vice President
APOLLO OVERSEAS PARTNERS
(DELAWARE) VI, L.P.
By:   Apollo Advisors VI, L.P.,
its general partner
  By:   Apollo Capital Management VI, LLC,
its general partner
    By:   /s/    LAURIE D. MEDLEY        
    Name:   Laurie D. Medley
    Title:   Vice President

 

22


APOLLO OVERSEAS PARTNERS
(DELAWARE 892) VI, L.P.
By:   Apollo Advisors VI, L.P.,
its general partner
  By:   Apollo Capital Management VI, LLC,
its general partner
    By:   /s/    LAURIE D. MEDLEY        
    Name:   Laurie D. Medley
    Title:   Vice President
APOLLO OVERSEAS PARTNERS
(GERMANY) VI, L.P.
By:   Apollo Advisors VI, L.P.,
its managing general partner
  By:   Apollo Capital Management VI, LLC,
its general partner
    By:   /s/    LAURIE D. MEDLEY        
    Name:   Laurie D. Medley
    Title:   Vice President
APOLLO ADVISORS VI, L.P.
By:   Apollo Capital Management VI, LLC,
its general partner
  By:   /s/    LAURIE D. MEDLEY        
  Name:   Laurie D. Medley
  Title:   Vice President

 

APOLLO CAPITAL MANAGEMENT VI, LLC
By:   /s/    LAURIE D. MEDLEY        
Name:   Laurie D. Medley
Title:   Vice President

 

23


APOLLO PRINCIPAL HOLDINGS I, L.P.
By:   Apollo Principal Holdings I GP, LLC,
its general partner
  By:   /s/    JOHN J. SUYDAM        
  Name:   John J. Suydam
  Title:   Vice President

 

APOLLO PRINCIPAL HOLDINGS I GP, LLC
By:   /s/    JOHN J. SUYDAM        
Name:   John J. Suydam
Title:   Vice President

 

APOLLO MANAGEMENT VI, L.P.
By:   AIF VI Management, LLC
its general partner
  By:   /s/    LAURIE D. MEDLEY        
  Name:   Laurie D. Medley
  Title:   Vice President

 

AIF VI MANAGEMENT, LLC
By:   /s/    LAURIE D. MEDLEY        
Name:   Laurie D. Medley
Title:   Vice President

 

APOLLO MANAGEMENT, L.P.
By:   Apollo Management GP, LLC
its general partner
  By:   /s/    LAURIE D. MEDLEY        
  Name:   Laurie D. Medley
  Title:   Vice President

 

24


APOLLO MANAGEMENT GP, LLC
By:   /s/    LAURIE D. MEDLEY        
Name:   Laurie D. Medley
Title:   Vice President

 

AAA GUARANTOR - CO-INVEST VI, L.P.
By:   AAA MIP Limited,
its general partner
  By:   Apollo Alternative Assets, L.P.,
its investment manager
    By:   Apollo International Management, L.P.,
its managing general partner
      By:   Apollo International Management GP, LLC, its general partner
        By:   /s/    LAURIE D. MEDLEY    
        Name:   Laurie D. Medley
        Title:   Vice President

 

AAA MIP LIMITED
By:   Apollo Alternative Assets, L.P.,
its investment manager
  By:   Apollo International Management, L.P.,
its managing general partner
    By:   Apollo International Management GP, LLC, its general partner
      By:   /s/    LAURIE D. MEDLEY        
      Name:   Laurie D. Medley
      Title:   Vice President

 

25


APOLLO ALTERNATIVE ASSETS, L.P.
By:   Apollo International Management, L.P.,
its managing general partner
  By:   Apollo International Management GP, LLC, its general partner
    By:   /s/    LAURIE D. MEDLEY        
    Name:   Laurie D. Medley
    Title:   Vice President

 

APOLLO INTERNATIONAL MANAGEMENT, L.P.
By:   Apollo International Management GP, LLC
its general partner
  By:   /s/    LAURIE D. MEDLEY        
  Name:   Laurie D. Medley
  Title:   Vice President

 

APOLLO INTERNATIONAL MANAGEMENT GP, LLC
By:   /s/    LAURIE D. MEDLEY        
Name:   Laurie D. Medley
Title:   Vice President

 

APOLLO MANAGEMENT HOLDINGS, L.P.
By:   Apollo Management Holdings GP, LLC
its general partner
  By:   /s/    JOHN J. SUYDAM        
  Name:   John J. Suydam
  Title:   Vice President

 

APOLLO MANAGEMENT HOLDINGS GP, LLC
By:   /s/    JOHN J. SUYDAM        
Name:   John J. Suydam
Title:   Vice President

 

26


EXHIBIT INDEX

 

Exhibit

  

Description

1    Joint Filing Agreement, dated October 23, 2009, among the Reporting Persons (previously filed)
2    Note Purchase Agreement, dated December 23, 2008, by and among Huntsman Corporation and Apollo Investment Fund
VI, L.P. and certain of its affiliates (incorporated by reference to Exhibit 10.1 of the Current Report on Form
8-K filed by Huntsman Corporation on December 23, 2008)
3    Registration Rights Agreement, dated December 23, 2008, by and among Huntsman Corporation and Apollo Investment Fund VI, L.P. and certain of its affiliates (incorporated by reference to Exhibit 10.2 of the Current Report on Form 8-K filed by Huntsman Corporation on December 23, 2008)
4    Voting and Standstill Agreement, dated December 23, 2008, by and among Huntsman Corporation and Apollo Investment Fund VI, L.P. and certain other parties (incorporated by reference to Exhibit 10.3 of the Current Report on Form 8-K filed by Huntsman Corporation on December 23, 2008)
5    Purchase and Sale Agreement, dated January 10, 2010, by and among Huntsman Corporation and the Apollo Partnerships

 

27

EX-99.5 2 dex995.htm PURCHASE AND SALE AGREEMENT Purchase and Sale Agreement

Exhibit 5

PURCHASE AND SALE AGREEMENT (this “Agreement”), dated as of January 10, 2010, by and among Huntsman Corporation, a Delaware corporation (“Issuer”), and the counterparties listed in Schedule 1 hereto (each a “Seller” and collectively, the “Sellers”).

WHEREAS, each Seller is the record and beneficial owner of the principal amount of 7% Convertible Senior Notes due 2018 (the “Notes”) issued by Issuer set forth next to such Seller’s name on Schedule 1 hereto (the “Subject Owned Notes”); and

WHEREAS, on the terms and conditions set forth in this Agreement, Issuer desires to repurchase from each Seller, and each Seller desires to sell to Issuer, such Seller’s Subject Owned Notes for the respective purchase price set forth on Schedule 1 hereto (the “Note Consideration”).

NOW, THEREFORE, in consideration of the premises and of the mutual covenants, agreements and warranties herein contained, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows:

1. Purchase and Sale.

(a) Subject to the terms and conditions herein set forth, Issuer agrees to repurchase from each Seller, and each Seller agrees to sell to Issuer, all of such Seller’s Subject Owned Notes, in exchange for the applicable Note Consideration, such purchase and sale to occur no later than 1:00 p.m. New York City time on January 12, 2010 (the “Closing”), it being understood that the parties shall use commercially reasonable efforts to consummate the Closing on January 11, 2010. In the event that one or more Sellers fails to deliver the Subject Owned Notes in accordance with Section 1(c), Issuer shall have no obligation to purchase any Notes. The Closing shall take place in person or electronically, at a place as the parties shall mutually agree.

(b) At the Closing, Issuer shall deliver to each Seller the applicable Note Consideration by wire transfer in immediately available funds to the account designated by such Seller on Schedule 2 hereto. Upon payment of the Note Consideration, all obligations with respect to such Notes shall be deemed fully satisfied.

(c) At the Closing, each Seller shall deliver to the Issuer certificates representing the principal amount of the Notes set forth next to such Seller’s name on Schedule 1 hereto, duly endorsed for transfer to Issuer, free and clear of any and all liens, encumbrances, claims, security interests and other legal or equitable encumbrances of any nature whatsoever.

2. Representations and Warranties of Issuer. Issuer hereby represents and warrants to each Seller as follows:

(a) Due Organization; Authorization. Issuer (i) is a corporation duly organized under the laws of the State of Delaware, and has the power and authority to enter into this Agreement and to carry out its obligations hereunder, (ii) the execution and delivery of this Agreement by Issuer and the consummation by Issuer of the transactions contemplated hereby have been duly authorized by all necessary action on the part of


Issuer and (iii) this Agreement has been duly executed and delivered by Issuer and constitutes a valid and legally binding obligation of Issuer, and is enforceable against Issuer in accordance with its terms, except to the extent that enforceability may be limited by applicable bankruptcy, insolvency, reorganization or other laws affecting the enforcement of creditors rights generally or by general equitable principles.

(b) Noncontravention. Neither the execution and delivery of this Agreement, consummation of the transactions contemplated hereby, nor compliance with the terms, conditions or provisions of this Agreement, will violate any of the terms, conditions or provisions of Issuer’s organizational documents, or any law or judgment, order or decree of any governmental authority applicable to Issuer.

3. Representations and Warranties of Sellers. Each Seller hereby represents and warrants to Buyer as follows:

(a) Due Organization; Authorization. Such Seller is (i) an entity duly organized under the laws of the jurisdiction of its incorporation or formation, and has the power and authority to enter into this Agreement and to carry out its obligations hereunder, (ii) the execution and delivery of this Agreement by such Seller and the consummation by such Seller of the transactions contemplated hereby have been duly authorized by all necessary action on the part of such Seller and (iii) this Agreement has been duly executed and delivered by such Seller and constitutes a valid and legally binding obligation of such Seller, and is enforceable against such Seller in accordance with its terms, except to the extent that enforceability may be limited by applicable bankruptcy, insolvency, reorganization or other laws affecting the enforcement of creditors rights generally or by general equitable principles.

(b) Noncontravention. Neither the execution and delivery of this Agreement, consummation of the transactions contemplated hereby, nor compliance with the terms, conditions or provisions of this Agreement, will be a violation of any of the terms, conditions or provisions of such Seller’s organizational documents.

(c) Title. Such Seller has good and valid title to the Subject Owned Notes set forth opposite its name on Schedule 1, free and clear of any and all liens, encumbrances, claims, security interests and other legal or equitable encumbrances of any nature whatsoever.

(d) The Note Consideration has been mutually negotiated by the parties.

4. Acknowledgment of Sellers. Each Seller acknowledges that Issuer is the issuer of the Notes. Each Seller also understands and acknowledges that, for this and other reasons, Issuer has access to (and may be or is in possession of) information about Issuer and the Notes (which may include material, non-public information) that may be or is material and superior to the information available to such Seller, that such Seller does not have such access to such information, and that Issuer is not sharing any such information with such Seller. Each Seller acknowledges that it is selling the Notes to Issuer without any reliance on Issuer or any of Issuer’s representatives. Each Seller represents to Issuer that such Seller, together with such

 

2


Seller’s professional advisers, is a sophisticated investor with respect to the Notes and Issuer, and is capable of evaluating the risks associated with a transaction involving the Notes and Issuer, including the risk of transacting on the basis of inferior information, and that such Seller is capable of sustaining any loss resulting therefrom without material injury.

5. Survival. The representations and warranties of the parties shall survive the consummation of the transactions contemplated hereby forever.

6. Successors and Assigns. The provisions of this Agreement shall be binding upon and inure to the benefit of the parties and their respective legal successors and permitted assigns. No provision of this Agreement is intended to confer any rights, benefits, remedies, obligations or liabilities hereunder upon any person or entity other than the parties and their respective legal successors and permitted assigns. No party may assign, delegate or otherwise transfer any of its rights or obligations under this Agreement without the consent of (i) in the case of the Sellers, Buyer, and (ii) in the case of Buyer, each Seller.

7. Notices. Any notice or other communication provided for herein or given hereunder to a party shall be in writing and shall be given by delivery, by telex, telecopier or by mail (registered or certified mail, postage prepaid, return receipt requested) to the respective parties as follows:

If to Issuer:

Huntsman Corporation

500 Huntsman Way

Salt Lake City, Utah 84108

Facsimile: (801) 584-5782

Attention: General Counsel

If to Sellers:

c/o Apollo Global Management

One Manhattanville Road

Suite 201

Purchase, New York 10577

Attention: General Counsel

Facsimile: (646) 607-0539

with a copy to:

Wachtell, Lipton, Rosen & Katz

51 West 52nd Street

New York, New York 10019

Attention:     Andrew J. Nussbaum

                     Benjamin M. Roth

Facsimile:    (212) 403-2269

or to such other address with respect to a party as such party shall notify the other in writing.

 

3


8. Waiver. No party may waive any of the terms or conditions of this Agreement, nor may this Agreement be amended or modified, except by a duly signed writing referring to the specific provision to be waived, amended or modified. No failure or delay by any party in exercising any right, power or privilege hereunder shall operate as a waiver thereof nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right, power or privilege.

9. Entire Agreement; Captions; Counterparts. This Agreement constitutes the entire agreement, and supersedes all other prior agreements and understandings, both written and oral, among the parties and their affiliates with respect to the subject matter hereof. The Section and Paragraph captions herein are for convenience of reference only, do not constitute part of this Agreement and shall not be deemed to limit or otherwise affect any of the provisions hereof. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original but all of which shall constitute one and the same instrument. This Agreement shall become effective when each party shall have received counterparts hereof signed by each of the other parties.

10. GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO THE CONFLICTS OF LAW RULES OF SUCH STATE.

11. Jurisdiction; Venue; Services of Process. Each of the parties hereby irrevocably and unconditionally consents to submit to the exclusive jurisdiction of the United States District Court for the Southern District of New York or any New York State court sitting in New York City, so long as one of such courts shall have subject matter jurisdiction over such suit, for any proceeding arising out of or relating to this Agreement and the transactions contemplated hereby (and agrees not to commence any proceeding relating thereto except in such courts), and further agrees that service of any process, summons, notice or document by U.S. registered mail to its respective address set forth in this Agreement shall be effective service of process for any proceeding brought against it in any such court. Each of the parties hereby irrevocably and unconditionally waives any objection to the laying of venue of any proceeding arising out of this Agreement or the transactions contemplated hereby in the United States District Court for the Southern District of New York or any New York State court sitting in New York City, and hereby further irrevocably and unconditionally waives and agrees not to plead or claim in any such court that any such proceeding brought in any such court has been brought in an inconvenient forum. Each of the parties agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law.

12. Waivers of Jury Trial. EACH PARTY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY.

 

4


13. Severability. If any term, provision, covenant or restriction of this Agreement is held by a court of competent jurisdiction or other authority to be invalid, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions of this Agreement shall remain in full force and effect and shall in no way be affected, impaired or invalidated so long as the economic or legal substance of the transactions contemplated hereby is not affected in any manner materially adverse to any party.

[Signature Page to Follow]

 

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IN WITNESS WHEREOF, the parties have caused this Agreement to be executed and delivered as of the day and year first executed.

 

HUNTSMAN CORPORATION
By:  

/s/ John R. Heskett

Name:   John R. Heskett
Title:   Vice President


APOLLO INVESTMENT FUND VI, L.P.
By:   Apollo Advisors VI, L.P.,
      its general partner
  By:  

Apollo Capital Management VI, LLC,

its general partner

   
  By:  

/s/ Laurie Medley

  Name:   Laurie Medley
  Title:   Vice President
APOLLO OVERSEAS PARTNERS VI, L.P.
By:   Apollo Advisors VI, L.P.,
      its managing general partner
  By:  

Apollo Capital Management VI, LLC,

its general partner

  By:  

/s/ Laurie Medley

  Name:   Laurie Medley
  Title:   Vice President
APOLLO OVERSEAS PARTNERS
(DELAWARE) VI, L.P.
By:   Apollo Advisors VI, L.P.,
      its general partner
  By:  

Apollo Capital Management VI, LLC,

its general partner

   
  By:  

/s/ Laurie Medley

  Name:   Laurie Medley
  Title:   Vice President


APOLLO OVERSEAS PARTNERS
(DELAWARE 892) VI, L.P.
By:   Apollo Advisors VI, L.P.,
      its general partner
  By:  

Apollo Capital Management VI, LLC,

its general partner

  By:  

/s/ Laurie Medley

  Name:   Laurie Medley
  Title:   Vice President
APOLLO OVERSEAS PARTNERS
(GERMANY) VI, L.P.
By:   Apollo Advisors VI, L.P.,
      its managing general partner
  By:  

Apollo Capital Management VI, LLC,

its general partner

  By:  

/s/ Laurie Medley

  Name:   Laurie Medley
  Title:   Vice President
AAA GUARANTOR - CO-INVEST VI, L.P.
By:   AA MIP Limited, its general partner
  By:   Apollo Alternative Assets, L.P.,
    its investment manager
    By:  

Apollo Alternative Assets GP Limited,

its general partner

  By:  

/s/ Laurie Medley

  Name:   Laurie Medley
  Title:   Vice President
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