---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-142822"
form_type: "8-K"
ticker: "WLK"
cik: "0001262823"
company_name: "WESTLAKE CORP"
filed_at: "2026-04-06T23:59:59+00:00"
generated_at: "2026-05-15T07:14:39.807689+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Westlake enters new $1.5B revolving credit facility maturing 2031, replacing prior facility

## Summary
- New $1.5B unsecured revolver replaces existing $1.5B facility; prior agreement terminated without penalties.
- Facility matures April 2, 2031; includes $150M LC sublimit and $50M swingline commitment.
- Pricing grid based on credit ratings: Term SOFR + 1.000%-1.625% spread; ABR + 0.000%-0.625%.
- Undrawn commitment fee ranges from 0.090% to 0.200% depending on ratings; financial covenant is quarterly total leverage ratio.

## SEC filing metadata
- accession: 0001193125-26-142822
- form_type: 8-K
- ticker: WLK
- cik: 0001262823
- company_name: WESTLAKE CORP
- filed_at: 2026-04-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1262823/000119312526142822/0001193125-26-142822-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1262823/000119312526142822/d110846d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-142822
- JSON: https://secwatch.observer/filing/0001193125-26-142822.json
- Plain text: https://secwatch.observer/filing/0001193125-26-142822.txt

## Source-grounded claims
- claim_id: b5c741baa82bb60f420822f9414dfc8c548ee328
  claim: 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.
  evidence_excerpt: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1262823/000119312526142822/0001193125-26-142822-index.htm
- claim_id: a58af0a52ae7cf4d99e9f99e2a414b4297ccd0f1
  claim: WESTLAKE CORP terminated Previous Credit Agreement with JPMorgan Chase Bank, National Association, as administrative agent (effective 2026-04-02).
  evidence_excerpt: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1262823/000119312526142822/0001193125-26-142822-index.htm
- claim_id: f2ca672f80c640c3aa78f90586de3caae612989e
  claim: 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).
  evidence_excerpt: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1262823/000119312526142822/0001193125-26-142822-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.