PBF Energy Announces Full Redemption of $1.25 Billion of PBF Holding 9.25% Senior Secured Notes due 2025

by Your News

PARSIPPANY, N.J., July 11, 2022 — PBF Energy Inc. (NYSE: PBF) today announced that its indirect subsidiary, PBF Holding Company LLC (“PBF Holding”), has fully redeemed all of the $1.25 billion in aggregate principal amount outstanding of its 9.25% Senior Secured Notes due 2025 (the “Notes”) issued by PBF Holding and PBF Finance Corporation.  The Notes were redeemed at a redemption price of 104.625%, plus accrued and unpaid interest through July 11, 2022. 

About PBF Energy Inc.

PBF Energy Inc. (NYSE: PBF) is one of the largest independent refiners in North America, operating, through its subsidiaries, oil refineries and related facilities in California, Delaware, Louisiana, New Jersey and Ohio. Our mission is to operate our facilities in a safe, reliable and environmentally responsible manner, provide employees with a safe and rewarding workplace, become a positive influence in the communities where we do business, and provide superior returns to our investors.

PBF Energy Inc. also currently indirectly owns the general partner and approximately 48% of the limited partnership interest of PBF Logistics LP (NYSE: PBFX).

SOURCE PBF Energy Inc.

author avatar
Your News
"Your News" is a collection of news stories, articles and blog posts submitted to the Shore News Network from the general public, local businesses, community organizations and pretty much the entire world. At Shore News Network, everyone can be a journalist and report news. To do so, send your news to [email protected]. The opinions expressed in this column are those of the author and do not represent the position or opinions of Shore News Network.

You may also like

You can't access this website

Shore News Network provides free news to users. No paywalls. No subscriptions. Please support us by disabling ad blocker or using a different browser and trying again.