Celanese Corporation CE recently announced that its subsidiary, Celanese US Holdings LLC, has completed a registered offering of $400 million of U.S. dollar-denominated 1.4% Senior Notes due 2026.The net borrowing rate to the company will be 1.421% and the net proceeds from the issuance of the Notes will be used to repay outstanding indebtedness under its revolving credit facility, Celanese noted. It includes $400 million outstanding and all of which was used to repay the company’s 5.875% senior notes in full at their maturity on June 15, 2021. The Notes are guaranteed on a senior unsecured basis by the company and certain Celanese domestic subsidiaries.The deal will enable Celanese to extend its debt maturity profile and lower interest expenses. Continued strength of its business performance is reflected in the recently-improved credit rating and outlook, allowing Celanese to extend its debt maturities at reduced borrowing costs, the company noted.Shares of Celanese have surged 61.5% in the past year against 22.1% rise of the industry.Image Source: Zacks Investment ResearchCelanese, in its last earnings call, stated that it is investing in future growth through organic opportunities within its businesses, disciplined M&A like the Santoprene buyout, and share buybacks. It forecasts that continued moderation in the Acetyl Chain industry pricing, as the year progresses, will be partly offset by strong demand fundamentals across its businesses and modest continued sequential earnings momentum in Engineered Materials.The company expects third-quarter adjusted earnings in the range of $4.5-$4.75 per share and full-year adjusted earnings of $16.50-$17 per share.Celanese Corporation Price and Consensus Celanese Corporation price-consensus-chart | Celanese Corporation Quote Zacks Rank & Key PicksCelanese currently carries a Zacks Rank #3 (Hold).Some better-ranked stocks in the basic materials space are Nucor Corporation NUE, Dow Inc. DOW and Cabot Corporation CBT.Nucor has a projected earnings growth rate of around 455.7% for the current year. The company’s shares have surged 169.8% in a year. It currently flaunts a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.Dow has an expected earnings growth rate of around 403.01% for the current year. The company’s shares have gained 44.6% in the past year. It currently carries a Zacks Rank #2 (Buy).Cabot has an expected earnings growth rate of around 137.5% for the current fiscal. The company’s shares have rallied 35.1% in the past year. It currently holds a Zacks Rank #2. Bitcoin, Like the Internet Itself, Could Change Everything Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities. Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. See 3 crypto-related stocks now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Nucor Corporation (NUE): Free Stock Analysis Report Dow Inc. (DOW): Free Stock Analysis Report Celanese Corporation (CE): Free Stock Analysis Report Cabot Corporation (CBT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research