secwatch.observer — SEC 8-K summary
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Issuer:     WESTLAKE CORP (WLK)
CIK:        0001262823
Form:       8-K
Filed at:   2026-04-06T23:59:59+00:00
Accession:  0001193125-26-142822
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1262823/000119312526142822/0001193125-26-142822-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1262823/000119312526142822/d110846d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-142822

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