---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-288381"
form_type: "8-K"
ticker: "DINO"
cik: "0001915657"
company_name: "HF Sinclair Corp"
filed_at: "2023-12-04T23:59:59+00:00"
generated_at: "2026-06-07T18:58:42.934399+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# HF Sinclair completes exchange of $898.8M of HEP notes for new senior notes

## Summary
- Tendered and accepted $399.875M of 6.375% HEP 2027 notes and $498.879M of 5.0% HEP 2028 notes.
- Issued new 6.375% senior notes due 2027 and 5.0% senior notes due 2028 by HF Sinclair in exchange.
- Cancelled the tendered HEP notes; untendered HEP notes remain outstanding with restrictive covenants eliminated.
- Entered registration rights agreement to exchange new notes for registered notes within one year.
- The exchange simplifies capital structure and transfers debt obligation from HEP to HF Sinclair.

## SEC filing metadata
- accession: 0001193125-23-288381
- form_type: 8-K
- ticker: DINO
- cik: 0001915657
- company_name: HF Sinclair Corp
- filed_at: 2023-12-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1915657/000119312523288381/0001193125-23-288381-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1915657/000119312523288381/d624230d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-288381
- JSON: https://secwatch.observer/filing/0001193125-23-288381.json
- Plain text: https://secwatch.observer/filing/0001193125-23-288381.txt

## Key facts
- Debt Financings
  HF Sinclair Corp incurred senior notes of $399,875,000 with Computershare Trust Company, N.A. at 6.375% per annum maturing April 15, 2027.
  - Instrument: senior notes
  - Principal: $399,875,000
  - Counterparty: Computershare Trust Company, N.A.
  - Rate: 6.375% per annum
  - Maturity: April 15, 2027
  - Event: incurrence
  source text: $399,875,000 aggregate principal amount of 6.375% Senior Notes due April 15, 2027
  evidence_url: https://www.sec.gov/Archives/edgar/data/1915657/000119312523288381/0001193125-23-288381-index.htm
- Debt Financings
  HF Sinclair Corp incurred senior notes of $498,879,000 with Computershare Trust Company, N.A. at 5.000% per annum maturing February 1, 2028.
  - Instrument: senior notes
  - Principal: $498,879,000
  - Counterparty: Computershare Trust Company, N.A.
  - Rate: 5.000% per annum
  - Maturity: February 1, 2028
  - Event: incurrence
  source text: $498,879,000 aggregate principal amount of 5.000% Senior Notes due February 1, 2028
  evidence_url: https://www.sec.gov/Archives/edgar/data/1915657/000119312523288381/0001193125-23-288381-index.htm
- Material Agreements
  HF Sinclair Corp entered into Second Supplemental Indenture with Computershare Trust Company, N.A. (effective 2023-12-04).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Computershare Trust Company, N.A.
  - Effective: 2023-12-04
  source text: Second Supplemental Indenture (the "Second Supplemental Indenture"), to the Indenture by and between the Company and the Trustee, dated as of April 27, 2022 (the "Base Indenture" and, together with the Second Supplemental Indenture, the "Indenture"), with respect to the issuance of the following New Notes
  evidence_url: https://www.sec.gov/Archives/edgar/data/1915657/000119312523288381/0001193125-23-288381-index.htm

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