LyondellBasell said certain subsidiaries entered into a Sixth Amendment to Receivables Purchase Agreement on May 29, 2024 to amend the $900 million structured accounts receivable receivables facility originated in September 2012.

1. 01

   LyondellBasell said certain subsidiaries entered into a Sixth Amendment to Receivables Purchase Agreement on May 29, 2024 to amend the $900 million structured accounts receivable receivables facility originated in September 2012.

2. 02

   The company said the amendment extends the term of the Receivables Facility to June 27, 2025 and updates the erroneous payments provisions.

3. 03

   The company said there were no trade receivable purchases or letters of credit outstanding under the Receivables Facility as of May 29, 2024. It also said no other terms of the facility had changed materially.

4. 04

   The company named Lyondell Chemical Company as servicer, LYB Receivables LLC as seller, and Mizuho Bank, Ltd. as Administrator and LC Bank. It said a copy of the amendment is attached as Exhibit 10.1.

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