LyondellBasell prices $1.1B public note offering to repay debts


LyondellBasell Industries NV (NYSE: LYB) is raising billions of dollars through a public note offering to pay off other debts.

LYB International Finance II BV, a wholly owned subsidiary, priced a public offering of about $550.3 million, based on the current conversion rate, aggregate principal amount of 0.875 percent guaranteed notes due 2026 and about $550.3 million aggregate principal amount of 1.625 percent guaranteed notes due 2031, according to a Sept. 10 press release.

The two $550.3 million…

Previous Chase hires St. Louis bank leader as it prepares to open 2 branches
Next Providence St. Joseph Health rebrands to reduce confusion

No Comment

Leave a reply

Your email address will not be published. Required fields are marked *