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 June 03, 2016.

On June 3, 2016 (the "Effective Date"), the term of our existing $2.0 billion Amended and Restated Credit Agreement, dated June 5, 2014, among LyondellBasell Industries N.V. (the "Company") and LYB Americas Finance Company, a wholly owned subsidiary of the Company, Bank of America, N.A., as Administrative Agent, and the lenders party thereto (the "Credit Agreement"), was extended for one year until June 5, 2021 pursuant to a Consent Agreement (the "Consent Agreement") among the parties to the Credit Agreement. Also on the Effective Date, the Company and LYB Americas Finance Company, as Borrowers, the Lenders from time to time party thereto, Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer, Citibank, N.A. and Deutsche Bank Securities Inc., as Syndication Agents and the other parties thereto, entered into Amendment No. 1 (the "Amendment") to the Credit Agreement which increased the facility size from $2.0 billion to $2.5 billion. All other material terms of the Credit Agreement remain unchanged.

The descriptions above are summaries and are qualified in their entirety by the Consent and the Amendment, copies of which are filed as Exhibits to this Form 8-K and are incorporated herein by reference.

The full text of this SEC filing can be retrieved at: http://www.sec.gov/Archives/edgar/data/1489393/000119312516614125/d193246d8k.htm

Any exhibits and associated documents for this SEC filing can be retrieved at: http://www.sec.gov/Archives/edgar/data/1489393/000119312516614125/0001193125-16-614125-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

June 06, 2016 17:30 ET (21:30 GMT)

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