Westlake enters $1.5 billion unsecured revolving credit facility, replacing 2022 facility
On April 2, 2026, Westlake entered into a new $1.5 billion unsecured revolving credit facility led by JPMorgan Chase Bank as administrative agent, which replaced its previous $1.5 billion revolver dated June 9, 2022. The company said it incurred no costs or penalties to terminate the old facility, and the new facility matures on April 2, 2031. The filing describes a refinancing of the same facility size rather than new borrowing, with pricing that varies with Westlake's credit rating.
Key points
- New $1.5 billion unsecured revolving credit facility, maturing April 2, 2031
- Replaces previous $1.5 billion facility dated June 9, 2022, terminated April 2, 2026
- Borrowing spread of 1.000% to 1.625% over Term SOFR, varying with credit rating
- No costs or penalties incurred to terminate the previous credit agreement
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.