Westlake files mixed securities shelf offering

Published 1 week ago Positive
Westlake files mixed securities shelf offering
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* Westlake (WLK [https://seekingalpha.com/symbol/WLK]) filed [https://seekingalpha.com/filing/20116359] a shelf registration statement with the SEC.
* The company may issue from time to time, det securities, common, preferred shares, or warrants. Including potential issuance of shares and debt instruments, with no current intention to sell.
* Furthermore, the company added that TTWF LP, its principal stockholder in which five of our directors have indirect ownership interests, may sell up to 4.5M shares of our common stock.
* The company added that it may apply proceeds of certain asset sales to reduce our secured indebtedness or other secured obligations.

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