LyondellBasell Prices Public Offering of Senior Notes
ROTTERDAM, Netherlands, July 11, 2013
ROTTERDAM, Netherlands, July 11, 2013 /PRNewswire/ --LyondellBasell
Industries N.V. (NYSE: LYB) today announced that LYB International Finance
B.V., its wholly-owned subsidiary, priced its public offering of $750
millionaggregate principal amount of 4% Guaranteed Notes due 2023 and $750
million aggregate principal amount of 5.25% Guaranteed Notes due 2043
(collectively, the "Notes"). The Notes are fully and unconditionally
guaranteed by LyondellBasell Industries. The offering is expected to close on
July 16, 2013, subject to customary closing conditions. The proceeds of the
offering are expected to be used for general corporate purposes, including
repurchases of LyondellBasell Industries' ordinary shares.
J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC are the joint
book-runners for this offering.
An automatic shelf registration statement relating to the notes was previously
filed with the Securities and Exchange Commission and became effective upon
filing. Before you invest, you should read the prospectus in the registration
statement and other documents the Company has filed with the SEC for more
complete information about the Company and the offering. You may get these
documents for free by visiting EDGAR on the SEC website at www.sec.gov.
Alternatively, copies of the prospectus and accompanying prospectus supplement
may be obtained from J.P. Morgan Securities LLC, 383 Madison Avenue,
Attention: Investment Grade Syndicate Desk, 3rd Floor, New York, New York,
10179, Telephone: (212) 834-4533 or Morgan Stanley & Co. LLC at 180 Varick
Street, New York, New York 10014, Attention: Prospectus Department, or
toll-free at (866) 718-1649.
This press release does not constitute an offer to sell or the solicitation of
an offer to buy, nor shall there be any sale of any of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of any such
jurisdiction. A registration statement (including a prospectus) relating to
the securities has been filed with the Securities and Exchange Commission.
This release contains forward-looking statements with respect to the proposed
offering. In accordance with "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995, cautionary statements identifying
important factors, but not necessarily all factors, that could cause actual
results to differ materially from those set forth in the forward-looking
statements have been included in the Form 10-K of LyondellBasell Industries
N.V. for the year ended December 31, 2012, and in subsequent filings for
LyondellBasell (NYSE: LYB) is one of the world's largest plastics, chemical
and refining companies. LyondellBasell manufactures products at 58 sites in
18 countries. LyondellBasell products and technologies are used to make items
that improve the quality of life for people around the world including
packaging, electronics, automotive parts, home furnishings, construction
materials and biofuels.
Media Contact: David A. Harpole +1 713-309-4125
Investor Contact: Douglas J. Pike +1 713-309-7141
SOURCE LyondellBasell Industries N.V.
Press spacebar to pause and continue. Press esc to stop.