LyondellBasell Issues $750M Notes and Announces Redemption of 2024 Notes

Details

completed the issuance of $750 million aggregate principal amount of 5.500% Guaranteed Notes due 2034. The notes were issued by LYB International Finance III, LLC, and fully guaranteed by LyondellBasell. Simultaneously, the company announced the redemption of all its outstanding 5.750% Senior Notes due 2024 on March 27, 2024, at a redemption price of 100% of the principal amount, plus accrued and unpaid interest.

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About LyondellBasell Industries N.V.

LyondellBasell Industries N.V. operates as a multinational chemical company, actively engaged in the production and sale of chemicals and polymers. Serving as one of the world's largest plastics, chemicals, and refining companies, its primary function is to produce materials that find applications across a wide range of markets, including packaging, electronics, automotive, and construction. The company specializes in the manufacture of olefins and polyolefins, essential components for creating plastics and resins used in everyday items. Additionally, it offers fuel-related products and technologies for refining crude oil, impacting industries reliant on energy and fuel efficiency. Headquartered in Houston, Texas, and Rotterdam, Netherlands, LyondellBasell is recognized for its global footprint and extensive supply chain, underscoring its importance in the global manufacturing landscape. Through its innovative materials and sustainable solutions, the company plays a critical role in enhancing product performance and promoting environmentally-friendly alternatives in modern industrial applications.