Form 8-K · Current Report · Filed 2026-05-29
LyondellBasell Amends Receivables Facility
On May 29, 2026, LyondellBasell Industries N.V.
- Filer
- LyondellBasell Industries N.V. LYB · NYSE
- Filed
- Accession
- 0001489393-26-000050
- CIK
- 0001489393
- Signal
- Medium impactBasic Materials
- Source
- Official filing on sec.gov ↗
Details
announced an amendment to its structured accounts receivables facility, extending the term to June 25, 2027, and reducing the maximum available amount from $900 million to $700 million. The amendment aligns the facility with the Company's senior unsecured revolving credit facility and does not materially change other terms. As of May 29, 2026, there were no trade receivable purchases or letters of credit outstanding under the facility.
Items reported
Reported Item
Market reaction
Close before filing
$68.35
Next session
-1.8%
Since filing
-9.2%
Latest close
$62.08
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from LYB reporting the same item, with the next session's move:
Insider tape
Within 45 days of this filing, LYB insiders reported 27 Form 4 transactions — net selling of $1.3M.
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.
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