Westlake Chemical to bring $350 million new high yield issuance

By Paul A. Harris and Sara Rosenberg

St. Louis, June 30 - Westlake Chemical Corp. is headed to the high yield primary market with a $350 million offering of senior notes, according to a capital markets source.

Prospect News learned that the Houston-based petrochemical company will also obtain a $350 million credit facility led by Bank of America.

No timing, syndicate or structure was heard on the notes offering, on Monday.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.