secwatch.observer — SEC 8-K summary
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Issuer:     VALERO ENERGY CORP/TX (VLO)
CIK:        0001035002
Form:       8-K
Filed at:   2021-11-18T23:59:59+00:00
Accession:  0001193125-21-333297
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Valero launches cash tender offers for up to $1.85B of senior notes
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- Any-and-all tender for $850M of 2.700% Senior Notes due 2023, expiring Nov 24, 2021.
- Maximum tender of up to $1B aggregate for 8 series including 1.200% notes due 2024 and others.
- Early tender deadline for Maximum Offer is Dec 2, 2021; holders get $30 per $1,000 Early Tender Payment.
- Any-and-all settlement expected Nov 30; Maximum early settlement Dec 6, late settlement Dec 20.
- Offers subject to financing condition; Valero may adjust caps or terms at its discretion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1035002/000119312521333297/0001193125-21-333297-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1035002/000119312521333297/d259471d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-333297

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