LyondellBasell prices $1.5 billion bond offering

LyondellBasell Industries (NYSE: LYB) priced a public offering of $1.5 billion in guaranteed notes through its wholly-owned subsidiary LYB International Finance III, LLC, according to a company statement.

The offering consists of $500 million in 5.125% notes due 2031 and $1 billion in 5.875% notes due 2036. LyondellBasell will fully and unconditionally guarantee both series of notes.

The transaction is expected to close on November 13, 2025, subject to customary closing conditions. The company plans to use net proceeds for general corporate purposes, which may include repaying certain guaranteed notes due in 2026 and 2027.

Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and J.P. Morgan Securities LLC are serving as joint book-running managers for the offering.

The notes are being issued under an effective shelf registration statement previously filed with the Securities and Exchange Commission. A preliminary prospectus supplement has been filed, with a final prospectus supplement to follow.

LyondellBasell is a chemical company that produces polymers and operates polyolefin technologies, manufacturing products for transportation, food safety, water treatment and healthcare applications.

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