Westlake Chemical Partners doubles revolver to $600 million

By Wendy Van Sickle

Columbus, Ohio, Dec. 5 – Westlake Chemical Partners LP doubled the size of its revolving credit agreement with Westlake Chemical Finance Corp. to $600 million, according to a press release.

The partnership plans to use the increased availability to acquire additional interests in Westlake Chemical OpCo LP, for other acquisitions and for general corporate purposes.

The revolver matures on April 29, 2021.

Based in Houston, Westlake Chemical Partners is a limited partnership formed by Westlake Chemical Corp. to operate, acquire and develop ethylene production facilities and other qualified assets.

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