Westlake Chemical Corporation $300 Million Notes Offering

Davis Polk advised the representatives of the underwriters on an SEC-registered offering by Westlake Chemical Corporation of $300 million aggregate principal amount of its 3.375% senior notes due 2030. Westlake intends to use the net proceeds from the offerings to purchase existing notes and 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 Nairn-Kim and Sean Michael Pinckney. The tax team included partner Mario J. Verdolini and associate Tomislava Dragicevic. The environmental team included counsel David A. Zilberberg and associate Cristina Harshman. All members of the Davis Polk team are based in the New York office.