---
schema_version: "secwatch.filing_event.v1"
accession: "0000821483-22-000064"
form_type: "8-K"
ticker: "PARR"
cik: "0000821483"
company_name: "PAR PACIFIC HOLDINGS, INC."
filed_at: "2022-08-16T23:59:59+00:00"
generated_at: "2026-06-23T23:38:17.907123+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Par Pacific subsidiary amends ISDA master agreement to replace LIBOR with Term SOFR

## Summary
- USOR and Merrill Lynch Commodities replace LIBOR with Adjusted Term SOFR as benchmark rate in 26th amendment to First Lien ISDA Master Agreement.
- Default rate changed to lower of Adjusted Term SOFR plus 5.25% per annum or highest lawful rate.
- Amendment includes detailed fallback provisions for Benchmark Replacement and Conforming Changes.
- Party B represents no default or termination event exists after giving effect to the amendment.

## SEC filing metadata
- accession: 0000821483-22-000064
- form_type: 8-K
- ticker: PARR
- cik: 0000821483
- company_name: PAR PACIFIC HOLDINGS, INC.
- filed_at: 2022-08-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/821483/000082148322000064/0000821483-22-000064-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/821483/000082148322000064/parr-20220811.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000821483-22-000064
- JSON: https://secwatch.observer/filing/0000821483-22-000064.json
- Plain text: https://secwatch.observer/filing/0000821483-22-000064.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
