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Westlake Chemical grosses $746.3 million from debt offering

Westlake Chemical Corp. raised gross proceeds of $746.3 million from an offering of 3.60% senior unsecured notes due Aug. 15, 2026.

The company plans to use the proceeds for redemption or repayment of debt securities and acquisitions or investments.

Deutsche Bank AG, JPMorgan Chase & Co. and Goldman Sachs Group Inc. were the lead underwriters.