Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
WESTLAKE CORP incurred revolving credit of $1.5 billion with JPMorgan Chase Bank, National Association, as administrative agent, and the lenders from time to time party thereto at Term SOFR rate plus a spread ranging from 1.000% to 1.625% or ABR plus a spread maturing April 2, 2031.
- Instrument
- revolving credit
- Principal
- $1.5 billion
- Counterparty
- JPMorgan Chase Bank, National Association, as administrative agent, and the lenders from time to time party thereto
- Rate
- Term SOFR rate plus a spread ranging from 1.000% to 1.625% or ABR plus a spread
- Maturity
- April 2, 2031
- Event
- incurrence
Exact text from the filing
On April 2, 2026, Westlake Corporation (“ Westlake ”) entered into a credit agreement (the “ Credit Agreement ”), by and among Westlake, the lenders from time to time party thereto (collectively, the “ Lenders ”), the issuing banks party thereto and JPMorgan Chase Bank, National Association, as administrative agent. Under the Credit Agreement, the Lenders have committed to provide an unsecured revolving credit facility in an aggregate principal amount of up to $1.5 billion.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
WESTLAKE CORP terminated Previous Credit Agreement with JPMorgan Chase Bank, National Association, as administrative agent (effective 2026-04-02).
- Action
- termination
- Agreement
- credit facility
- Counterparty
- JPMorgan Chase Bank, National Association, as administrative agent
- Effective
- 2026-04-02
Exact text from the filing
On April 2, 2026, Westlake Corporation (“ Westlake ”) entered into a credit agreement (the “ Credit Agreement ”), by and among Westlake, the lenders from time to time party thereto (collectively, the “ Lenders ”), the issuing banks party thereto and JPMorgan Chase Bank, National Association, as administrative agent. Under the Credit Agreement, the Lenders have committed to provide an unsecured revolving credit facility in an aggregate principal amount of up to $1.5 billion.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
WESTLAKE CORP entered into Credit Agreement with JPMorgan Chase Bank, National Association, as administrative agent valued at up to $1.5 billion (effective 2026-04-02).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- JPMorgan Chase Bank, National Association, as administrative agent
- Value
- up to $1.5 billion
- Effective
- 2026-04-02
Exact text from the filing
On April 2, 2026, Westlake Corporation (“ Westlake ”) entered into a credit agreement (the “ Credit Agreement ”), by and among Westlake, the lenders from time to time party thereto (collectively, the “ Lenders ”), the issuing banks party thereto and JPMorgan Chase Bank, National Association, as administrative agent.
View on SEC.gov