debt
confidence high
sentiment neutral
materiality 0.40
LyondellBasell upsizes revolving credit facility to $3.75B, maturing 2029
LyondellBasell Industries N.V.
- New $3.75B senior unsecured revolving credit facility replaces prior $3.25B facility from 2021.
- Facility matures July 17, 2029 and supports U.S. Dollar and Euro loans, letters of credit, and swingline loans.
- Proceeds are for general corporate purposes; includes customary leverage ratio covenant.
- Citibank named Administrative Agent; Wells Fargo Bank as Syndication Agent.