LyondellBasell Industries N.V.
For the period ended Sep 30, 2026. Filed Oct 30, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Oct 30, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Debt
- Debt
Long-term loans, notes and other debt, net of unamortized discount, debt issuance cost and cumulative fair value hedging adjustments, consisted of the following:
| Millions of dollars | September 30,2026 | December 31,2025 |
|---|---|---|
| Senior Notes due 2055, $1,000 million, 4.625% ($14 million of discount; $10 million of debt issuance cost) | $976 | $975 |
| Guaranteed Notes due 2027, $300 million, 8.1% | 300 | 300 |
| Issued by LYB International Finance B.V.: | ||
| Guaranteed Notes due 2043, $750 million, 5.25% ($17 million of discount; $6 million of debt issuance cost) | 727 | 727 |
| Guaranteed Notes due 2044, $1,000 million, 4.875% ($9 million of discount; $7 million of debt issuance cost) | 984 | 983 |
| Issued by LYB International Finance II B.V.: | ||
| Guaranteed Notes due 2026, €500 million, 0.875% | — | 585 |
| Guaranteed Notes due 2027, $1,000 million, 3.5% ($1 million of discount) | 589 | 590 |
| Guaranteed Notes due 2031, €500 million, 1.625% ($3 million of discount; $2 million of debt issuance cost) | 554 | 577 |
| Issued by LYB International Finance III LLC: | ||
| Guaranteed Notes due 2030, $500 million, 3.375% | 144 | 142 |
| Guaranteed Notes due 2030, $500 million, 2.25% ($1 million of discount; $2 million of debt issuance cost) | 478 | 481 |
| Guaranteed Notes due 2031, $500 million, 5.125% ($1 million of discount; $4 million of debt issuance cost) | 495 | 495 |
| Guaranteed Notes due 2033, $500 million, 5.625% ($4 million of debt issuance cost) | 496 | 496 |
| Guaranteed Notes due 2034, $750 million, 5.5% ($5 million of discount, $6 million of debt issuance cost) | 739 | 739 |
| Guaranteed Notes due 2035, $500 million, 6.150% ($1 million of discount, $5 million of debt issuance cost) | 494 | 494 |
| Guaranteed Notes due 2036, $1,000 million, 5.875% ($7 million of discount, $8 million of debt issuance cost) | 974 | 984 |
| Guaranteed Notes due 2040, $750 million, 3.375% ($1 million of discount; $6 million of debt issuance cost) | 743 | 743 |
| Guaranteed Notes due 2049, $1,000 million, 4.2% ($13 million of discount; $10 million of debt issuance cost) | 977 | 977 |
| Guaranteed Notes due 2050, $1,000 million, 4.2% ($6 million of discount; $10 million of debt issuance cost) | 960 | 971 |
| Guaranteed Notes due 2051, $1,000 million, 3.625% ($2 million of discount; $9 million of debt issuance cost) | 944 | 952 |
| Guaranteed Notes due 2060, $500 million, 3.8% ($4 million of discount; $5 million of debt issuance cost) | 483 | 487 |
| Other | 27 | 14 |
| Total | 12,084 | 12,712 |
| Less current maturities | (891) | (588) |
| Long-term debt | $11,193 | $12,124 |
Fair value hedging adjustments associated with the fair value hedge accounting of our fixed-for-floating interest rate swaps for the applicable periods are as follows:
| Gains (Losses) · Cumulative Fair ValueHedging Adjustments Includedin Carrying Amount of Debt | ||||||
|---|---|---|---|---|---|---|
| Three Months EndedSeptember 30, · Nine Months EndedSeptember 30, · September 30, · December 31, | ||||||
| Millions of dollars | 2026 | 2025 | 2026 | 2025 | 2026 | 2025 |
| Guaranteed Notes due 2025, 1.25% | $— | $(1) | $— | $(4) | $— | $— |
| Guaranteed Notes due 2026, 0.875% | (1) | — | (2) | (1) | — | 2 |
| Guaranteed Notes due 2027, 3.5% | — | (2) | 1 | (5) | 1 | — |
| Guaranteed Notes due 2030, 3.375% | — | (15) | — | (20) | (2) | (2) |
| Guaranteed Notes due 2030, 2.25% | 4 | (2) | 5 | (7) | 19 | 14 |
| Guaranteed Notes due 2031, 1.625% | 4 | 2 | 4 | 3 | 9 | 5 |
| Guaranteed Notes due 2036, 5.875% | 11 | — | 11 | — | 11 | — |
| Guaranteed Notes due 2050, 4.2% | 10 | 13 | 11 | 11 | 24 | 13 |
| Guaranteed Notes due 2051, 3.625% | 6 | (6) | 8 | (29) | 45 | 37 |
| Guaranteed Notes due 2060, 3.8% | 2 | (1) | 4 | (5) | 8 | 4 |
| Total | $36 | $(12) | $42 | $(57) | $115 | $73 |
Fair value adjustments are recognized in Interest expense in the Consolidated Statements of Income (Loss).
Long-Term Debt
Senior Revolving Credit Facility—Our $3,750 million senior unsecured revolving credit facility (the “Senior Revolving Credit Facility”), which expires in July 2029, may be used for dollar and euro denominated borrowings. As of September 30, 2026, we hadno borrowings or letters of credit outstanding and $3,750 million of unused availability under this facility.
Guaranteed Notes due 2026—In September 2026, we repaid the €500 million ($577 million)0.875% guaranteed notes due 2026.
Short-Term Debt
U.S. Receivables Facility—Effective June 2026, we amended the U.S. Receivables Facility to reduce the maximum amount available from $900 million to $700 million and extended the term of the facility to June 2027. As of September 30, 2026, we hadno borrowings or letters of credit outstanding and $700 million of unused availability under this facility.
Commercial Paper Program—We have a commercial paper program under which we may issue up to $2,500 million of privately placed, unsecured, short-term promissory notes (“commercial paper”). As of September 30, 2026, we hadno borrowings of outstanding commercial paper.
Precious Metal Financings—As of September 30, 2026 and December 31, 2025, we had $247 million and $226 million, respectively, of Short-term debt related to our precious metal financings.
Weighted Average Interest Rate—As of September 30, 2026 and December 31, 2025, our weighted average interest rate on outstanding Short-term debt was 2.6% and 2.7%, respectively.
Additional Information
Debt Compliance—As of September 30, 2026, we remained in compliance with our debt covenants.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.