LyondellBasell to sell notes in three parts via four bookrunners

By Devika Patel

Knoxville, Tenn., April 15 – LYB International Finance III LLC, a subsidiary of LyondellBasell Industries NV (Baa1/BBB+), intends to sell dollar-denominated guaranteed fixed-rate notes in three tranches, according a 424B3 filing with the Securities and Exchange Commission.

The notes will have a make-whole call and then are callable at par.

BofA Securities, Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC are the bookrunners.

Proceeds will be used for general corporate purposes, including to increase liquidity and manage short-term debt maturities.

The notes are guaranteed by parent LyondellBasell Industries NV, a Houston-based chemical company with executive offices in London and incorporated in the Netherlands.

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