BB&T Capital Markets Serves as Co-Manager for Westlake Chemical Corporation’s $500 Million 4.375% Offering of Senior Notes due 2047
On November 13, 2017, BB&T Capital Markets served as a co-manager for an offering of $500 million 4.375% senior notes due 2047 by Westlake Chemical Corporation.
Proceeds from the offering are being used to assist in funding the redemption of 2021 and 2023 senior notes on or after February 15, 2018 and May 15, 2018, respectively.
About the Companies
Westlake Chemical Corporation manufactures and markets basic chemicals, vinyls, polymers, and building products which are used in various consumer and industrial markets, including flexible and rigid packaging, automotive products, coatings, and residential and commercial construction, as well as other durable and non-durable goods. Westlake Chemical Corporation also offers its products to a range of customers, including chemical processors, plastics fabricators, small construction contractors, municipalities, and supply warehouses primarily in North America and Europe.
Commercial & Industrial
The BB&T Capital Markets Commercial & Industrial Group provides clients with industry expertise and exceptional transaction execution. We offer M&A advisory, capital raising and corporate banking services for a variety of sectors, including building products & materials; commercial & consumer durables; industrial manufacturing and distribution; and outsourced commercial and industrial services.
About BB&T Capital Markets
BB&T Capital Markets offers an integrated platform of equity and debt underwriting, M&A advisory, corporate banking, and sales and trading. Headquartered in Richmond, VA, with offices throughout the US, we have specific expertise within 10 distinct industry verticals including Automotive Aftermarket; Commercial & Industrial; Education; Energy; Financial Services; Food & Agribusiness; Healthcare; Logistics & Transportation Services; Real Estate; and Retail & Consumer. Our commitment to industry expertise, combined with our resources as one of the nation's strongest financial institutions, strategically positions BB&T Capital Markets to build lasting relationships and contribute measurably to the long-term success of our clients.