Lyondell Accepted $1.2B 8% Notes Due 2017 for Purchase

LyondellBasell Industries N.V.

today announced that its wholly-owned subsidiary, Lyondell Chemical Company, has accepted for purchase $1,203,615,000 aggregate principal amount of the Company's outstanding 8% Senior Secured Dollar Notes due 2017, euro 199,827,000 aggregate principal amount of the Company's 8% Senior Secured Euro Notes due 2017, and $1,318,672,000 aggregate principal amount of the Company's outstanding 11% Senior Secured Dollar Notes due 2018 tendered in its previously announced cash tender offer.