Free Writing Prospectus
Filed pursuant to Rule 433
Registration Number 333-189375
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 |
*A securities rating is not a recommendation to buy, sell or hold securities and may be revised or withdrawn at any time.
The issuer has filed a registration statement (including a prospectus) and a preliminary prospectus supplement with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement, the preliminary prospectus supplement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus and the related prospectus supplement if you request it by calling Credit Suisse Securities (USA) LLC toll-free at (800) 221-1037, Deutsche Bank Securities Inc. toll-free at (866) 217-9821, J.P. Morgan Securities LLC collect at (212) 834-4533 or Morgan Stanley & Co. LLC toll-free at (866) 718-1649.
Any disclaimer or other notice that may appear below is not applicable to this communication and should be disregarded. Such disclaimer or notice was automatically generated as a result of this communication being sent by Bloomberg or another email system.
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