{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-040299","form_type":"8-K","ticker":"PARR","cik":"0000821483","company_name":"PAR PACIFIC HOLDINGS, INC.","filed_at":"2023-02-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.184996+00:00","generated_at":"2026-06-19T12:33:37.968441+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Par Pacific prices $550M term loan B at SOFR+4.25%, launches tender offers for senior notes","bullets":["Priced $550M senior secured term loan B due 2030 at 98.5% of face; interest SOFR+4.25% (0.50% floor).","Proceeds to refinance existing term loan due 2026 and outstanding 7.750% 2025 notes ($281M) and 12.875% 2026 notes ($31.3M).","Tender offers for any and all notes: $1,021.20/$1,000 for 2025 notes, $1,090.44/$1,000 for 2026 notes, plus accrued interest.","Tender offers expire Feb 23, 2023; closing of term loan expected Feb 28, 2023, subject to financing condition.","Interest rate spread may step down 25 bps to 4.00% if Par Pacific's credit rating is upgraded to Ba3/BB-."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-040299","json":"https://secwatch.observer/filing/0001193125-23-040299.json","markdown":"https://secwatch.observer/filing/0001193125-23-040299.md","text":"https://secwatch.observer/filing/0001193125-23-040299.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/821483/000119312523040299/0001193125-23-040299-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/821483/000119312523040299/d460364d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T12:33:37.968441+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}