LyondellBasell amends credit facility; raises leverage cap to 4.50x, curbs dividends and buybacks

LyondellBasell Industries N.V.

Maximum Leverage Ratio raised to 4.50x through June 2027 from 3.50x, stepping down to 4.00x by Dec 2027.
Dividend increases prohibited unless leverage ≤ 4.00x; share repurchases limited to offset dilution.
Amendment references a European Asset Sale to AEQ Amethyst B.V. per June 5, 2025 Put Option Letter Agreement.
Lenders receive a 0.025% amendment fee; Covenant Relief Period runs through Dec 31, 2027.

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