New York, November 05, 2014 -- Moody's Investors Service assigned a Baa2 rating to Cytec Industries Inc.'s (Cytec) $250 million of senior unsecured notes due 2025. We expect Cytec to use the net proceeds from this note offering to purchase or redeem all of the 6% Notes due October 1, 2015 (approximately $141.759 million) and up to $82 million of the 8.95% Notes due July 1, 2017, as well as for general corporate purposes. The outlook is stable.
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