---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-040733"
form_type: "8-K"
ticker: "PBF"
cik: "0001534504"
company_name: "PBF Energy Inc."
filed_at: "2023-08-21T23:59:59+00:00"
generated_at: "2026-06-11T06:10:07.771809+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# PBF issues $500M of 7.875% senior notes due 2030; proceeds to refinance existing 7.25% notes

## Summary
- Issued $500M aggregate principal 7.875% Senior Notes due 2030 at 99.324% of par.
- Net proceeds of ~$489.6M after discount and expenses.
- Proceeds used to redeem $664.5M of existing 7.25% Senior Notes due 2025, together with cash on hand.
- Notes are senior unsecured obligations, guaranteed by PBF's refining subsidiaries, maturing September 15, 2030.

## SEC filing metadata
- accession: 0001140361-23-040733
- form_type: 8-K
- ticker: PBF
- cik: 0001534504
- company_name: PBF Energy Inc.
- filed_at: 2023-08-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1534504/000114036123040733/0001140361-23-040733-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534504/000114036123040733/brhc20057768_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-040733
- JSON: https://secwatch.observer/filing/0001140361-23-040733.json
- Plain text: https://secwatch.observer/filing/0001140361-23-040733.txt

## Key facts
- Debt Financings
  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
  source text: 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%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534504/000114036123040733/0001140361-23-040733-index.htm
- Material Agreements
  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
  source text: 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%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534504/000114036123040733/0001140361-23-040733-index.htm

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