News Releases

Baker Botts Advises Westlake Corporation on $1.2 Billion Senior Notes Offering and Concurrent Tender Offer

Release

HOUSTON, November 5, 2025 – Baker Botts L.L.P., a leading international energy, technology, and life sciences law firm, advised Westlake Corporation (NYSE: WLK) with its $1.2 billion senior notes offering and concurrent cash tender offer for any and all of its outstanding 3.600% senior notes due 2026.

Westlake priced $600 million aggregate principal amount of 5.550% senior notes due 2035 and $600 million aggregate principal amount of 6.375% senior notes due 2055. The debt offering priced on Nov. 4, 2025, and is expected to settle on or about Nov. 6, 2025. BofA Securities, Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, and Wells Fargo Securities, LLC are acting as joint book-running managers.

The tender offer expires on Nov. 10, 2025, and is expected to settle on or about Nov. 12, 2025. J.P. Morgan Securities LLC and Wells Fargo Securities, LLC are acting as the dealer managers for the tender offer.

Westlake is a global manufacturer and supplier of materials and innovative products that enhance life every day. Headquartered in Houston, with operations in Asia, Europe and North America, Westlake provides the building blocks for vital solutions — from housing and construction, to packaging and healthcare, to automotive and consumer goods. For more information, please see Westlake’s news releases relating to the tender offer here and to the debt offering here.

Baker Botts Lawyers/Office Involved:

Corporate: Tim Taylor (Partner, Houston); Carina Antweil (Partner, Houston); Rob Cowan (Associate, Austin); Cade Luedde (Associate, Houston); Aidan Doughty (Associate, Houston)

Finance: Clint Culpepper (Partner, Austin); Dela Peimani (Senior Associate, Austin)

Tax: Jon Lobb (Partner, Houston); Andrew Maughan (Associate, Houston)

Environmental: Elizabeth Singleton (Special Counsel, Houston)

 

ABOUT BAKER BOTTS L.L.P.
Baker Botts is an international law firm whose lawyers practice throughout a network of offices around the globe. Based on our experience and knowledge of our clients' industries, we are recognized as a leading firm in the energy, technology and life sciences sectors. Since 1840, we have provided creative and effective legal solutions for our clients while demonstrating an unrelenting commitment to excellence. For more information, please visit bakerbotts.com.

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