LyondellBasell Industries (LYB) 8-K LyondellBasell announces early participation results and accepted amounts for its tender offers

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549 

 ____________________________________________

FORM 8-K

____________________________________________ 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 2, 2021

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LYONDELLBASELL INDUSTRIES N.V.

(Exact Name of Registrant as Specified in Charter) 

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Netherlands	001-34726	98-0646235
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

1221 McKinney St.,		4th Floor, One Vine Street
Suite 300		London	Delftseplein 27E
Houston,	Texas	W1J0AH	3013AA	Rotterdam
USA	77010	United Kingdom	Netherlands

(Addresses of principal executive offices)

(713) 309-7200 +44 (0) 207 220 2600 +31 (0) 10 2755 500

(Registrant’s telephone numbers, including area codes) 

(Former Name or Former Address, if Changed Since Last Report)

_____________________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Title of Each Class	Trading Symbol	Name of Each Exchange On Which Registered
Ordinary Shares, €0.04 Par Value	LYB	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Item 7.01 Regulation FD Disclosure.

On December 2, 2021, LyondellBasell Industries N.V. (“LyondellBasell”) issued two press releases announcing (i) the early tender results (“Early Results Press Release”), and (ii) the pricing (“Pricing Press Release”) of five separate offers (each, an “Offer” and, collectively, the “Offers”) to purchase for cash up to an aggregate principal amount of $1.0 billion of the outstanding 5.750% Notes due 2024 issued by LyondellBasell, the outstanding 3.500% Notes due 2027 issued by LyondellBasell’s subsidiary, LYB International Finance II B.V., and the outstanding 3.375% Notes due 2030, the outstanding 1.250% Notes due 2025, and the outstanding 2.250% Notes due 2030, each issued by LyondellBasell’s subsidiary, LYB International Finance III, LLC (collectively, the “Notes”). The Offers are made upon the terms and subject to the conditions set forth in the Offer to Purchase dated November 17, 2021, relating to the Notes.

A copy of the Early Results Press Release is attached hereto as Exhibit 99.1 and incorporated into this Item 7.01 by reference, and a copy of the Pricing Press Release is attached hereto as Exhibit 99.2 and incorporated into this Item 7.01 by reference. The foregoing description and the other information provided pursuant to this Item 7.01, including Exhibit 99.1 and Exhibit 99.2, is “furnished” and shall not be deemed to be “filed” with the Securities and Exchange Commission or incorporated by reference in any filing under the Securities Exchange Act of 1934, as amended, or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in any such filings.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit Number	Description
99.1	Press Release announcing Early Results, dated December 2, 2021.
99.2	Press Release announcing Pricing, dated December 2, 2021.
104	The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

		LYONDELLBASELL INDUSTRIES N.V.
Date:	December 2, 2021	By:	/s/ Michael C. McMurray
			Name:	Michael C. McMurray
			Title:	Executive Vice President
				and Chief Financial Officer