Westlake Chemical Corporation €700 Million Notes Offering
7/17/2019

Davis Polk advised the joint bookrunners on an SEC-registered offering by Westlake Chemical Corporation of €700 million aggregate principal amount of its 1.625% senior notes due 2029. Westlake intends to use the net proceeds from the offerings for general corporate purposes.

Westlake is a vertically integrated global manufacturer and marketer of basic chemicals, vinyls, polymers and building products. Westlake’s products include some of the most widely used chemicals in the world, which are fundamental to many diverse consumer and industrial markets, including flexible and rigid packaging, automotive products, coatings, water treatment, refrigerants, residential and commercial construction as well as other durable and non-durable goods.

The Davis Polk capital markets team included partner Byron B. Rooney and associates Yoojin L. Kim and Thomas Chen. The tax team included counsel Alon Gurfinkel and associate Tomislava Dragicevic. The environmental team included counsel David A. Zilberberg and associate Rachel Hoberman. Members of the Davis Polk team are based in the New York and London offices.