secwatch / observer
8-K filed August 21, 2023, 7:59 PM ET ticker PBF CIK 0001534504
debt confidence high sentiment neutral materiality 0.55

PBF Energy Inc. (PBF): debt financing — PBF issues $500M of 7.875% senior notes due 2030; proceeds to refinance existing 7.25% notes

PBF Energy Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

PBF Energy Inc. incurred senior notes of $500.0 million in aggregate principal amount with Wilmington Trust, National Association at 7.875% maturing September 15, 2030.

Instrument
senior notes
Principal
$500.0 million in aggregate principal amount
Counterparty
Wilmington Trust, National Association
Rate
7.875%
Maturity
September 15, 2030
Event
incurrence
Exact text from the filing
On August 21, 2023, PBF Holding Company LLC (“PBF Holding”), a subsidiary of PBF Energy Company LLC (“PBF LLC”), in turn a subsidiary of PBF Energy Inc. (“PBF Energy” and collectively with its consolidated subsidiaries including PBF LLC and PBF Holding, the “Company”) entered into an Indenture (the “Indenture”) among PBF Holding and PBF Holding’s wholly-owned subsidiary, PBF Finance Corporation (together with PBF Holding, the “Issuers”), the Guarantors named on the signature pages thereto, Wilmington Trust, National Association, as Trustee and Deutsche Bank Trust Company Americas, as Paying Agent, Registrar, Transfer Agent and Authenticating Agent, under which the Issuers issued $500.0 million in aggregate principal amount of 7.875% Senior Notes due 2030 (the “Notes”) at an issue price of 99.324%.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

PBF Energy Inc. entered into Indenture for 7.875% Senior Notes due 2030 with Wilmington Trust, National Association valued at $500,000,000 (effective 2023-08-21).

Action
entry
Agreement
notes offering
Counterparty
Wilmington Trust, National Association
Value
$500,000,000
Effective
2023-08-21
Exact text from the filing
On August 21, 2023, PBF Holding Company LLC (“PBF Holding”), a subsidiary of PBF Energy Company LLC (“PBF LLC”), in turn a subsidiary of PBF Energy Inc. (“PBF Energy” and collectively with its consolidated subsidiaries including PBF LLC and PBF Holding, the “Company”) entered into an Indenture (the “Indenture”) among PBF Holding and PBF Holding’s wholly-owned subsidiary, PBF Finance Corporation (together with PBF Holding, the “Issuers”), the Guarantors named on the signature pages thereto, Wilmington Trust, National Association, as Trustee and Deutsche Bank Trust Company Americas, as Paying Agent, Registrar, Transfer Agent and Authenticating Agent, under which the Issuers issued $500.0 million in aggregate principal amount of 7.875% Senior Notes due 2030 (the “Notes”) at an issue price of 99.324%.
View on SEC.gov

26 debt financings filed in the last 30 days. Browse all debt financings →

PBF Energy Inc. filing history →

Source: SEC EDGAR
accession 0001140361-23-040733
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