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Westlake Chemical grosses $682.3 million from debt offering

Westlake Chemical Corp. raised gross proceeds of $682.3 million from an offering of 5.00% senior unsecured notes due Aug. 15, 2046.

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

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