HOUSTON and LONDON, Feb. 26,
2015 /PRNewswire/ -- LyondellBasell Industries N.V.
(NYSE: LYB) today announced that it priced its public offering of
$1.0 billion aggregate principal
amount of 4.625% Senior Notes due 2055 (the "Notes"). The offering
is expected to close on March 5,
2015, subject to customary closing conditions. The
proceeds of the offering are expected to be used for general
corporate purposes, including repurchases of LyondellBasell
Industries' ordinary shares.
Credit Suisse Securities (USA)
LLC, Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and
Morgan Stanley & Co. LLC are the active joint book-running
managers for this offering.
An automatic shelf registration statement relating to the Notes
was previously filed with the Securities and Exchange Commission
and became effective upon filing. Before you invest, you
should read the prospectus in the registration statement and other
documents the Company has filed with the SEC for more complete
information about the Company and the offering. You may get
these documents for free by visiting EDGAR on the SEC website at
www.sec.gov. Alternatively, the issuer, any underwriter or
any dealer participating in the offering will arrange to send you
the prospectus and the related prospectus supplement if you request
it by calling Credit Suisse Securities (USA) LLC toll-free at (800) 221-1037, Deutsche
Bank Securities Inc. toll-free at (800) 503-4611, J.P. Morgan
Securities LLC collect at (212) 834-4533 or Morgan Stanley &
Co. LLC toll-free at (866) 718-1649.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of any
of the securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such
jurisdiction. A registration statement (including a
prospectus) relating to the securities has been filed with the
Securities and Exchange Commission.
Cautionary Statement
This release contains
forward-looking statements with respect to the proposed offering.
In accordance with "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995, cautionary statements
identifying important factors, but not necessarily all factors,
that could cause actual results to differ materially from those set
forth in the forward-looking statements have been included in the
Form 10-K of LyondellBasell Industries N.V. for the year ended
December 31, 2014, and in subsequent
filings for LyondellBasell.
LyondellBasell (NYSE: LYB) is one of the world's largest
plastics, chemical and refining companies. LyondellBasell
manufactures products at more than 55 sites in 18 countries.
LyondellBasell products and technologies are used to make items
that improve the quality of life for people around the world
including packaging, electronics, automotive parts, home
furnishings, construction materials and biofuels.
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SOURCE LyondellBasell Industries