Westlake Chemical Announces Closing of Offering of 4.375% Senior Notes due 2047 and Remarketing of 3.50% Tax-Exempt Bonds due 2032
Westlake Corporation (WLK)
Last westlake corporation earnings: 2/18 06:30 am
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Source: Business Wire
HOUSTON--(BUSINESS WIRE)-- Westlake Chemical Corporation (NYSE: WLK) (“Westlake”) today announced that it has closed its previously announced underwritten public offering of $500 million aggregate principal amount of 4.375% Senior Notes due 2047 (the “Notes”) and the remarketing of $250 million aggregate principal amount of the 3.50% Louisiana Local Government Environmental Facilities and Community Development Authority Revenue Refunding Bonds (Westlake Chemical Corporation Projects), Series 2017 (GO Zone)(Non-AMT) (the “Refunding Bonds”). Westlake issued $250 million aggregate principal amount of its 3.50% Senior Notes due 2032 to collateralize its obligations under the loan agreement relating to the Refunding Bonds. Westlake intends to use the net proceeds from the offering of the Notes and the remarketing of the Refunding Bonds, together with the proceeds from borrowings under its revolving credit facility
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WLK
Earnings
- 2/20/24 - Miss
WLK
Sec Filings
- 4/11/24 - Form PX14A6G
- 4/3/24 - Form 8-K
- 4/1/24 - Form 4
- WLK's page on the SEC website