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 million aggregate 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.
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.