NEW YORK (Standard&Poor's) April 30, 2010--Standard&Poor's Ratings Services said today that is ratings on GrafTech International Ltd. (BB+/Stable/--) are not affected at this time by the company's recent announcement that it plans to acquire the remaining 81.1% interest in Seadrift Coke L.P., as well as U.S. graphite electrode producer Carbon and Graphite from Jordan Mill Ventures for a combined purchase price of around $690 million. Both transactions are expected to close later this year, subject to regulatory approvals. The transactions are being funded through about 24 million shares of GrafTech stock (estimated value of $323 million), $136 million through a seller note due 2015,with 8% PIK (pay-in-kind) interest and a bullet maturity ($200 million due at
