Fitch rates Westlake revolver BBB

Fitch Ratings said it rated Westlake Corp.’s senior unsecured revolver due 2027, BBB and revised the outlook to positive from stable.

The agency also affirmed its BBB ratings on Westlake and its unsecured debt.

“The positive rating outlook reflects the strong demand in the polyethylene chain, the improved balance sheet, and a balanced capital deployment strategy,” Fitch said in a press release.

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