Westlake Corporation 3.375% 15-AUG-2061Westlake Corporation 3.375% 15-AUG-2061Westlake Corporation 3.375% 15-AUG-2061

Westlake Corporation 3.375% 15-AUG-2061

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WLK5235255 analysis



Key facts


Issue date
Aug 19, 2021
Maturity date
Aug 15, 2061
Outstanding amount
‪450.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
3.38% (Fixed)
Yield to maturity
6.92%
Westlake Corp. Is a global diversified industrial company, which engages in the manufacturing and supplying of essential products. It operates through the Performance and Essential Materials, and Housing and Infrastructure Products segments. The Performance and Essential Materials segment includes Westlake North American Vinyls, Westlake North American Chlor-alkali and Derivatives, Westlake European and Asian Chlorovinyls, Westlake Olefins, Westlake Polyethylene, and Westlake Epoxy. The Housing and Infrastructure Products segments refers to the Westlake Royal Building Products, Westlake Pipe and Fittings, Westlake Global Compounds, and Westlake Dimex. The company was founded by Ting Tsung Chao in 1986 and is headquartered in Houston, TX.
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