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

Core Points - Westlake Corporation announced the expiration and results of its cash tender offer for its 3.600% Senior Notes due 2026, which expired on November 10, 2025 [1][2] - The company intends to accept for purchase $253,730,000 aggregate principal amount of the Notes under the tender offer [3] - Holders of Notes will receive $996.32 in cash for each $1,000 principal amount of the Notes on the Settlement Date, along with accrued and unpaid interest [5] Tender Offer Details - The tender offer was made for any and all outstanding 3.600% Senior Notes due 2026, with a total outstanding amount of $750,000,000 [4] - $253,730,000 of the Notes were validly tendered and not withdrawn, while an additional $10,733,000 were subject to Guaranteed Delivery Procedures [2][4] - The settlement date for the accepted Notes is expected to be on or about November 12, 2025 [1][5] Financial Implications - The cash consideration for the Notes is set at $996.32 per $1,000 principal amount, with interest ceasing to accrue on the Settlement Date [5] - The tender offer reflects Westlake's strategy to manage its debt and optimize its capital structure [1][3] Company Background - Westlake Corporation is a global manufacturer and supplier of materials and innovative products, with operations in Asia, Europe, and North America [9]