HOUSTON--(BUSINESS WIRE)--Dec. 5, 2017--
Westlake Chemical Partners LP (NYSE: WLKP) announced today that it has
increased the capacity of its existing revolving credit agreement with
Westlake Chemical Finance Corporation from $300 million to $600 million.
The facility maturity date is April 29, 2021. The Partnership intends to
use the increased availability in the future to acquire additional
interests in Westlake Chemical OpCo LP, for other acquisitions and
general corporate purposes.
About Westlake Chemical Partners LP
Westlake Chemical Partners is a limited partnership formed by Westlake
Chemical Corporation to operate, acquire and develop ethylene production
facilities and other qualified assets. Headquartered in Houston, the
Partnership owns a 18.3% interest in Westlake Chemical OpCo LP. Westlake
Chemical OpCo LP's assets include three facilities in Calvert City,
Kentucky, and Lake Charles, Louisiana which process ethane and propane
into ethylene, and an ethylene pipeline. For more information about
Westlake Chemical Partners LP, please visit http://www.wlkpartners.com/.
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Source: Westlake Chemical Partners LP
Westlake Chemical Partners LP