LyondellBasell Extends $900 Million Receivables Facility to 2026 with Seventh Amendment Agreement

Reuters
05-31
LyondellBasell Extends $900 Million Receivables Facility to 2026 with Seventh Amendment Agreement

LyondellBasell Industries NV has announced an amendment to its existing $900 million structured accounts receivable facility, originally established in September 2012. The amendment, dated May 29, 2025, extends the term of the facility to June 26, 2026. This amendment, known as the RPA Seventh Amendment, aligns certain terms with the company's senior unsecured revolving credit facility. The amendment involves several parties, including Lyondell Chemical Company as servicer and Mizuho Bank, Ltd. as Administrator and LC Bank. Importantly, no material changes have been made to the facility's other terms, and as of the amendment date, there were no outstanding trade receivable purchases or letters of credit.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LyondellBasell Industries NV published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001489393-25-000031), on May 30, 2025, and is solely responsible for the information contained therein.

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