LyondellBasell Industries NV, founded in 2005 and headquartered in Houston, Texas, is a global leader in the manufacturing and marketing of petrochemicals and polymers. The company produces a wide range of products, including polyethylene, polypropylene, and advanced polymer solutions utilized across various industries, from packaging to automotive.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| LYB 4.63% 2055-02-26 USDLyondellBasell Industries NV | Netherlands | 2055-02-26 | 4.625 | 6.29 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
LyondellBasell began issuing corporate bonds in the years following its formation, with notable issuances such as the $1 billion offering in 2016, which helped to refinance existing debt. Currently, the company's bonds yield around 3.5%, aligning closely with industry averages, reflecting both stability and investor confidence. Additionally, LyondellBasell's bonds have features such as call options, which allow the company to refinance as market conditions improve. Recent news about their strategic initiatives has further bolstered interest in their bond offerings.