LyondellBasell Industries (LYB) Prices $500M Notes Offering
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LyondellBasell prices public offering of guaranteed notes
May 6, 2025 5:00 PM EDTHouston, May 06, 2025 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE: LYB) announced today that LYB International Finance III, LLC, its wholly-owned subsidiary, priced a public offering (the Offering) of $500,000,000 aggregate principal amount of 6.150% Guaranteed Notes due 2035 (the Notes). The Notes will be fully and unconditionally guaranteed by LyondellBasell. The Offering is expected to close on May 15, 2025, subject to the satisfaction of customary closing conditions.
The net proceeds of the Offering are expected to be used for general corporate purposes, which may include the repayment of the 1.25% Guaranteed Notes due 2025 issued by LYB International Finance III, LLC.
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