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Westlake Corporation Announces Results of Cash Tender Offer for Its 3.600% Senior Notes Due 2026

  • Westlake Corporation announced the expiration of its cash tender offer for $253,730,000 of its 3.600% Senior Notes due 2026 on November 10, 2025.
  • Settlement for accepted notes is expected on or about November 12, 2025, with consideration paid to holders at $996.32 per $1,000 principal amount.
  • A total of $253,730,000 in aggregate principal amount was validly tendered & not withdrawn prior to the expiration date.
  • An additional $10,733,000 in principal amount was reflected in Notices of Guaranteed Delivery & remains subject to delivery compliance by November 13, 2025.
  • Westlake intends to accept the $253,730,000 in validly tendered notes excluding those delivered under Guaranteed Delivery Procedures.
  • Accrued & unpaid interest will be paid to accepted holders up to the Settlement Date, at which point interest accrual ceases.
  • Holders utilizing Guaranteed Delivery Procedures are expected to receive consideration on or about November 14, 2025.
  • J.P. Morgan Securities LLC & Wells Fargo Securities LLC acted as dealer managers, while Global Bondholder Services Corporation served as the depositary & information agent.
  • Westlake provided no recommendation regarding whether holders should tender their notes & stated that this press release is for informational purposes only.