Confidence!
LyondellBasell Industries N.V.
$1,000,000,000 4.625% Senior Notes due 2055
Pricing Term Sheet dated February 26, 2015
|
Issuer: |
LyondellBasell Industries N.V. | |
|
Security Description: |
$1,000,000,000 4.625% Senior Notes due 2055 | |
|
Distribution: |
SEC-registered | |
|
Principal Amount: |
$1,000,000,000 | |
|
Coupon: |
4.625% | |
|
Maturity: |
February 26, 2055 | |
|
Offering Price: |
98.353% of face amount | |
|
Yield to Maturity: |
4.717% | |
|
Spread to Benchmark Treasury: |
+210 basis points | |
|
Benchmark Treasury: |
UST 3.000% due November 15, 2044 | |
|
Benchmark Treasury Price and Yield: |
107-28; 2.617% | |
|
Interest Payment Dates: |
February 26 and August 26 | |
|
First Interest Payment Date: |
August 26, 2015 | |
|
Optional Redemptions: |
||
|
Make Whole Call: |
T+35 basis points (at any time before August 26, 2054) | |
|
Par Call: |
At any time on or after August 26, 2054 | |
|
Change of Control Triggering Event: |
Puttable at 101% of principal plus accrued and unpaid interest and additional interest, if any | |
|
Trade Date: |
February 26, 2015 | |
|
Settlement: |
March 5, 2015 (T+5) | |
|
CUSIP/ ISIN: |
552081 AM3/ US552081AM30 | |
|
Expected Ratings*: |
Baa1 / BBB (stable /stable) | |
|
Denominations/Multiple: |
$2,000 / $1,000 | |
|
Joint Book-Running Managers: |
Credit Suisse Securities (USA) LLC | |
| Deutsche Bank Securities Inc. | ||
| J.P. Morgan Securities LLC | ||
| Morgan Stanley & Co. LLC | ||
| Barclays Capital Inc. | ||
| Citigroup Global Markets Inc. | ||
|
Merrill Lynch, Pierce, Fenner & Smith Incorporated |
||
| Wells Fargo Securities, LLC | ||
|
Co-Managers: |
BNY Mellon Capital Markets, LLC | |
| HSBC Securities (USA) Inc. | ||
| ING Financial Markets LLC | ||
| Mitsubishi UFJ Securities (USA), Inc. | ||
| Mizuho Securities USA Inc. | ||
| PNC Capital Markets LLC | ||
| Regions Securities LLC | ||
| Scotia Capital (USA) Inc. | ||
| SMBC Nikko Securities America, Inc. | ||
| UniCredit Capital Markets LLC |
http://www.sec.gov/Archives/edgar/data/1489393/000119312515066027/d880879dfwp.htm
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