debt
confidence high
sentiment neutral
materiality 0.60
PBF Energy announces $750M senior notes offering due 2030 to repay ABL borrowings
PBF Energy Inc.
- PBF Holding and PBF Finance to offer $750M aggregate principal of senior unsecured notes due 2030.
- Net proceeds to repay outstanding ABL revolver borrowings and for general corporate purposes.
- Offering to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S.
- Completion subject to market conditions; notes not registered under Securities Act.