Westlake signs $1.5 billion unsecured revolving credit facility, replacing prior loan agreement

Reuters04-06
Westlake signs $1.5 billion unsecured revolving credit facility, replacing prior loan agreement
  • Westlake entered new unsecured revolving credit facility for up to $1.5 billion on April 2, 2026.
  • Facility replaced prior $1.5 billion revolver signed June 9, 2022, which was terminated April 2, 2026.
  • Pricing set at Term SOFR plus 1% to 1.625%, or ABR plus 0% to 0.625%, based on Westlake credit rating.
  • Commitment fee on undrawn amounts set at 0.09% to 0.2%.
  • Credit agreement matures April 2, 2031.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Westlake Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-142822), on April 06, 2026, and is solely responsible for the information contained therein.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment