PBF Energy Announces Notice of Full Redemption for PBF Logistics LP 6.875% Senior Notes due 2023
PBF Energy Inc. (NYSE: PBF) announced that its subsidiary, PBF Logistics LP, has issued a notice to fully redeem $525 million of its 6.875% Senior Notes due 2023. The redemption will occur on February 3, 2023, at 100% of the principal amount plus accrued interest. Deutsche Bank Trust Company Americas will act as the trustee and paying agent for this redemption. The announcement includes forward-looking statements that involve risks and uncertainties but does not constitute a solicitation or offer to sell any securities.
- Full redemption of $525 million Senior Notes improves financial stability.
- Redemption price set at 100% plus accrued interest.
- None.
PARSIPPANY, N.J., Jan. 3, 2023 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today announced that its indirect subsidiary, PBF Logistics LP ("PBF Logistics"), delivered a notice of full redemption of all of the
This press release shall not constitute a notice of redemption of the Notes and shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of any securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.
Forward-Looking Statements
Statements in this press release relating to future plans, results, performance, expectations, achievements and the like are considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, the statements regarding the redemption of the Notes in whole, part or at all. These forward-looking statements involve known and unknown risks, uncertainties and other factors, many of which may be beyond the company's control, that may cause actual results to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors and uncertainties that may cause actual results to differ include but are not limited to the risks disclosed in the company's filings with the SEC. All forward-looking statements speak only as of the date hereof. The company undertakes no obligation to revise or update any forward-looking statements except as may be required by applicable law.
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.
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SOURCE PBF Energy Inc.
FAQ
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