Maximum borrowing base

[Table of Contents](#id353055757fb42afb305a023bc295188_7)

|  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |
|  | As of June 30, 2022 |  | As of December 31,2021 |
|  | (In $ millions) |
| Long-Term Debt |  |  |  |
|  |  |  |  |
|  |  |  |  |
|  |  |  |  |
| Senior unsecured notes due 2022, interest rate of 4.625% | 500  |  |  | 500  |  |
| Senior unsecured notes due 2023, interest rate of 1.125% | 467  |  |  | 509  |  |
| Senior unsecured notes due 2024, interest rate of 3.500% | 499  |  |  | 499  |  |
| Senior unsecured notes due 2025, interest rate of 1.250% | 311  |  |  | 339  |  |
| Senior unsecured notes due 2026, interest rate of 1.400% | 400  |  |  | 400  |  |
| Senior unsecured notes due 2027, interest rate of 2.125% | 517  |  |  | 564  |  |
| Senior unsecured notes due 2028, interest rate of 0.625% | 519  |  |  | 566  |  |
| Pollution control and industrial revenue bonds due at various dates through 2030, interest rates ranging from 4.05% to 5.00% | 164  |  |  | 166  |  |
|  |  |  |  |
| Bank loans due at various dates through 2026(1) | 5  |  |  | 6  |  |
| Obligations under finance leases due at various dates through 2054 | 180  |  |  | 173  |  |
| Subtotal | 3,562  |  |  | 3,722  |  |
| Unamortized debt issuance costs(2) | (15) |  |  | (19) |  |
| Current installments of long-term debt | (525) |  |  | (527) |  |
| Total | 3,022  |  |  | 3,176  |  |

\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_(1)The weighted average interest rate was 1.3% and 1.3% as of June 30, 2022 and December 31, 2021, respectively.(2)Related to the Company's long-term debt, excluding obligations under finance leases.Senior Credit FacilitiesOn March 18, 2022, Celanese, Celanese U.S. and certain subsidiaries entered into a new revolving credit agreement (the "New Revolving Credit Agreement" and, together with the Term Loan Credit Agreement the "Credit Agreements") consisting of a $1.75 billion senior unsecured revolving credit facility (with a letter of credit sublimit), maturing in 2027. The proceeds of a $365 million borrowing under the new senior unsecured revolving credit facility were used to repay and terminate the Company's existing revolving credit facility. The Credit Agreements are guaranteed by Celanese, Celanese U.S. and the Subsidiary Guarantors. The Subsidiary Guarantors are listed in [Exhibit 22.1](ex2216302210-q.htm) to this Quarterly Report.The Credit Agreements contain certain covenants, including the maintenance of certain financial ratios (subject to adjustment following the M&M Acquisition and certain other qualifying acquisitions, as set forth in the Credit Agreements), events of default and change of control provisions.14
