On January 9, 2017, Kraton Corporation (the “Parent”) entered
into a Second Amendment to Credit and Guarantee Agreement (the
“Amendment”), amending the Credit and Guarantee Agreement, dated
as of January 6, 2016, among Kraton Polymers LLC (the
“Borrower”), the Parent, certain subsidiaries of the Borrower, as
Guarantors, and Credit Suisse AG, Cayman Islands Branch, as
Administrative Agent and Collateral Agent (as amended, the “Term
Loan Facility”). to the Amendment, Deutsche Bank served as the
Replacement Term Lender as such term is defined in the Amendment.

The Amendment decreased the interest rate on approximately $1.278
billion of existing term loans under the Term Loan Facility to
LIBOR plus 4.00% and reset the period during which a prepayment
premium may be required for a “Repricing Event” (as defined in
the Credit and Guarantee Agreement) until six months after the
effective date of the Amendment.

The foregoing description does not purport to be complete and is
subject to, and qualified in its entirety by, the full text of
the Amendment, attached hereto as Exhibit 10.1 and incorporated
herein by reference.

Certain Relationships

The Administrative Agent and Collateral Agent, the Replacement
Term Lender and certain lenders under the Term Loan Facility have
in the past engaged, and may in the future engage, in
transactions with and perform services, including commercial
banking, financial advisory and investment banking services, for
the Parent, the Borrower and the Guarantors and their affiliates
in the ordinary course of business for which they have received
or will receive customary fees and expenses.

Item 2.03. Creation of a Direct Financial Obligation or an
Obligation under an Off-Balance Sheet Arrangement of a
Registrant.

The information set forth under Item 1.01 above regarding the
Term Loan Facility is incorporated by reference into this Item
2.03.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits