LyondellBasell Enters Material Definitive Agreement

TL;DR

LYB signed a big deal, creating a new financial obligation. Details TBD.

AI Summary

LyondellBasell Industries N.V. entered into a material definitive agreement on September 10, 2025. This agreement creates a direct financial obligation for the registrant, though specific details of the obligation and the counterparty are not provided in this filing excerpt. The filing also includes financial statements and exhibits related to this event.

Why It Matters

This filing indicates a significant new financial commitment or obligation for LyondellBasell, which could impact its financial structure and future operations.

Risk Assessment

Risk Level: medium — The creation of a direct financial obligation without immediate disclosure of its terms introduces uncertainty regarding the company's financial health and future commitments.

Key Players & Entities

• LyondellBasell Industries N.V. (company) — Registrant
• September 10, 2025 (date) — Date of earliest event reported

FAQ

Key Financial Figures

• $900 million — atio is incorporated into the Company's $900 million structured accounts receivable receivab

Filing Documents

• lyb-20250910.htm (8-K) — 41KB
• exhibit101_amendno1tothird.htm (EX-10.1) — 157KB
• 0001489393-25-000048.txt ( ) — 390KB
• lyb-20250910.xsd (EX-101.SCH) — 2KB
• lyb-20250910_def.xml (EX-101.DEF) — 18KB
• lyb-20250910_lab.xml (EX-101.LAB) — 32KB
• lyb-20250910_pre.xml (EX-101.PRE) — 19KB
• lyb-20250910_htm.xml (XML) — 5KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement. On September 10, 2025, LyondellBasell Industries N.V. (the "Company"), LYB Americas Finance Company LLC, a wholly-owned subsidiary of the Company ("LYB Americas Finance"), Citibank, N.A., as administrative agent, and various financial institutions, as lenders, entered into Amendment No. 1 (the "Amendment") to the Third Amended and Restated Credit Agreement dated as of July 17, 2024 (as amended, the "Credit Agreement"). The Amendment primarily increases the Maximum Leverage Ratio (as defined in the Credit Agreement) through 2027 unless the Company elects to terminate such provisions sooner. In connection with the increase, the Company is subject to certain additional limitations, including restrictions on dividend increases and share repurchases (other than to offset dilution). The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment, which is filed as Exhibit 10.1 hereto. Additionally, the modification to the Maximum Leverage Ratio is incorporated into the Company's $900 million structured accounts receivable receivables facility originated in September 2012 (as previously amended, the "Receivables Facility") among Lyondell Chemical Company, as servicer, LYB Receivables LLC, a bankruptcy-remote special purpose entity that is a wholly-owned subsidiary of the Company, as seller, the conduit purchasers, related committed purchasers, LC participants and purchaser agents party thereto, the other parties thereto and Mizuho Bank, Ltd., as Administrator and LC Bank, pursuant to Section 5.1 (Amendments, Etc.) of the Receivables Facility.

03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement. The information set forth under "Item 1.01. Entry into a Material Definitive Agreement" is incorporated herein by reference.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 10.1 Amendment No. 1 to Third Amended and Restated Credit Agreement, dated September 10, 2025, among LyondellBasell Industries N.V. and LYB Americas Finance Company LLC, as Borrowers, the various institutions from time to time party thereto as Lenders and L/C Issuers, Citibank, N.A., as Administrative Agent, and Wells Fargo Bank, National Association, as Syndication Agent. 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. LYONDELLBASELL INDUSTRIES N.V. Date: September 11, 2025 By: /s/ Brendan J. Dalton Brendan J. Dalton Vice President and Treasurer

View Full Filing

View this 8-K filing on SEC EDGAR