LyondellBasell Files 8K - Entry Into Definitive Agreement

LyondellBasell Industries N.V. (LYB) filed a Form 8K - Entry Into a Definitive Agreement - with the U.S Securities and Exchange Commission on February 24, 2016.

On February 24, 2016, LyondellBasell Industries N.V. (the "Company") and its wholly owned subsidiary, LYB International Finance II B.V. (the "Issuer"), entered into an Underwriting Agreement (the "Underwriting Agreement") with Barclays Bank PLC, Deutsche Bank AG, London Branch, ING Bank N.V. and Morgan Stanley & Co. International plc, as representatives of the several underwriters named therein (the "Underwriters"), relating to the underwritten public offering and sale by the Issuer of 750 million aggregate principal amount of 1.875% Guaranteed Notes due 2022 (the "Notes"). The Notes are fully and unconditionally guaranteed by the Company. The Underwriting Agreement includes the terms and conditions for the issuance and sale of the Notes, indemnification and contribution obligations and other terms and conditions customary in agreements of this type. The Notes will be issued under an indenture to be dated as of March 2, 2016, between the Company, the Issuer and Deutsche Bank Trust Company Americas, as trustee (the "Indenture"). The terms of the Notes and the guarantee by the Company will be set forth in an officer's certificate of the Issuer delivered pursuant to the Indenture. Closing of the issuance and sale of the Notes is expected to occur on March 2, 2016, subject to customary closing conditions.

The Notes are being offered and sold pursuant to an automatic shelf registration statement the Company filed with the Securities and Exchange Commission that became effective upon filing on February 19, 2016 (Registration No. 333- 209612).

The description above is a summary and is qualified in its entirety by reference to the Underwriting Agreement, a copy of which is filed as an Exhibit to this Form 8-K and is incorporated herein by reference.

The full text of this SEC filing can be retrieved at: http://www.sec.gov/Archives/edgar/data/1489393/000119312516488312/d152753d8k.htm

Any exhibits and associated documents for this SEC filing can be retrieved at: http://www.sec.gov/Archives/edgar/data/1489393/000119312516488312/0001193125-16-488312-index.htm

Public companies must file a Form 8-K, or current report, with the SEC generally within four days of any event that could materially affect a company's financial position or the value of its shares.

(END) Dow Jones Newswires

March 01, 2016 18:18 ET (23:18 GMT)

LyondellBasell Industrie... (NYSE:LYB)
Historical Stock Chart
From Mar 2024 to Apr 2024