Celanese Corp Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Celanese Corporation on May 28, 2010. The filing serves solely to re-file specific exhibits in response to a comment letter received on April 15, 2010, from the SEC Division of Corporation Finance regarding the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2009.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is administrative in nature and does not contain financial performance data.
Material Changes
There are no material changes to the Company's financial condition or operations reported in this document. The filing addresses the inadvertent omission of schedules or exhibits in prior filings and the omission of personal information in a prior filing.
Guidance, Outlook, and Risks
The filing contains no management commentary, guidance, or outlook. The primary disclosure relates to the submission of exhibits with certain portions redacted pursuant to a request for confidential treatment. The attached exhibits include:
- Exhibit 10.1: Credit Agreement dated April 2, 2007.
- Exhibit 10.2: Guarantee and Collateral Agreement dated April 2, 2007.
- Exhibit 10.3: Form of Performance-Based Restricted Stock Unit Agreement.
- Exhibit 10.4: Restated Agreement and General Release with Miguel A. Desdin dated June 3, 2009.
- Exhibit 10.5: Offer Letter with Jacquelyn H. Wolf dated November 18, 2009.
Key Facts for Investor Verification
- Verify the content of the previously omitted exhibits (10.1 through 10.5) to understand the terms of the 2007 credit facility and recent executive agreements.
- Note that certain portions of Exhibits 10.1 and 10.5 have been redacted for confidential treatment and were filed separately with the SEC.
- Confirm that this filing does not alter the financial statements or disclosures in the 2009 Form 10-K, but rather supplements the exhibit list.