November 5, 2014 – Woodland Park, New Jersey – Cytec Industries Inc. (“Cytec” or the “Company”) (NYSE:CYT) announced the commencement of a tender offer (the “Tender Offer”) for any and all of its outstanding 6.0% Notes due 2015 (the “Notes”) (CUSIP 232820AG5 / ISIN US232820AG58).The Tender Offer is being made upon the terms and conditions in the Offer to Purchase and related Letter of Transmittal, each dated November 5, 2014. The Tender Offer will expire at 5:00 p.m. (New York City time) on November 12, 2014, unless extended or terminated as described in the Offer to Purchase (such time and date, as they may be extended, the “Expiration Time”). Holders of the Notes are urged to carefully read the Offer to Purchase and related Letter of Transmittal before making any decision with respect to the Tender Offer.The following table summarizes certain material terms of the Tender Offer:
None of Cytec, the Dealer Managers, the depositary or the Information Agent make any recommendation as to whether holders should tender or refrain from tendering their Notes. Holders must make their own decision as to whether to tender Notes and, if so, the principal amount of the Notes to tender.Citigroup Global Markets Inc., RBS Securities Inc. and Wells Fargo Securities, LLC are serving as the dealer managers (the “Dealer Managers”) for the Tender Offer. Global Bondholder Services Corporation has been retained to serve as the depositary and information agent for the Tender Offer.For additional information regarding the terms of the Tender Offer, please contact: Citigroup Global Markets Inc. at 800-558-3745 (toll-free) or 212-723-6106 (collect), RBS Securities Inc. at 877-297-9832 (toll-free) or 203-897-6145 (collect) or Wells Fargo Securities, LLC at 866-309-6316 (toll-free) or 704-410-4760 (collect). Requests for documents and questions regarding the tender of Notes may be directed to Global Bondholder Services Corporation at 866-470-4500. Cytec’s vision is to deliver specialty material and chemical technologies beyond our customers’ imagination. Our focus on innovation, advanced technology and application expertise enables us to develop, manufacture and sell products that change the way our customers do business. Our pioneering products perform specific and important functions for our customers, enabling them to offer innovative solutions to the industries that they serve. Our products serve a diverse range of end markets including aerospace and industrial materials, mining and plastics.Media Contacts
Title of Security | CUSIP/ISIN Nos. | Principal AmountOutstanding | UST Reference Security | Bloomberg ReferencePage | Fixed Spread (bps) |
| 6.0% Notes due 2015 | 232820AG5/US232820AG58 | $141,759,000 | 0.25% UST due September 30, 2015 | FIT3 | +35 |
Jodi Allen
Investor Relations
Tel: 1.973.357.3283
jodi.allen@cytec.com
Tara Tepp
In Process Separation Marketing Communications
Tel: 1.973.357.3347
tara.tepp@cytec.com
Katherine Vaiente
Global Marketing Communications Manager
Tel: 1.480.730.2310
Katherine.Vaiente@cytec.com
Claire Michel
Industrial Materials Marketing Communications
Tel: 44.1773.766200
claire.michel@cytec.com
Katherine Vaiente
Global Marketing Communications Manager
Tel: 1.480.730.2310
Katherine.Vaiente@cytec.com
