---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-224142"
form_type: "8-K"
ticker: "PARR"
cik: "0000821483"
company_name: "PAR PACIFIC HOLDINGS, INC."
filed_at: "2026-05-14T20:26:46+00:00"
generated_at: "2026-05-14T20:28:26.448255+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Par Pacific closes $500M 7.375% senior notes due 2034 and upsizes ABL to $1.8B

## Summary
- Issued $500M of 7.375% senior unsecured notes due 2034; proceeds used to repay term loan due 2030.
- Amended ABL credit facility to $1.8B aggregate commitments with $500M incremental facility; maturity extended to 2031.
- Notes are guaranteed by Par Pacific and certain subsidiaries; interest payable semi-annually starting Dec 1, 2026.
- Notes redeemable at make-whole prior to June 2029; up to 40% may be redeemed with equity offering proceeds at 107.375%.
- ABL bears interest at SOFR plus 1.25%-1.75% depending on excess availability.

## SEC filing metadata
- accession: 0001193125-26-224142
- form_type: 8-K
- ticker: PARR
- cik: 0000821483
- company_name: PAR PACIFIC HOLDINGS, INC.
- filed_at: 2026-05-14T20:26:46+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/821483/000119312526224142/0001193125-26-224142-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/821483/000119312526224142/d176382d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-224142
- JSON: https://secwatch.observer/filing/0001193125-26-224142.json
- Plain text: https://secwatch.observer/filing/0001193125-26-224142.txt

## Key facts
- Material Agreements
  PAR PACIFIC HOLDINGS, INC. entered into Indenture with U.S. Bank Trust Company, National Association, as trustee valued at $500 million (effective 2026-05-14).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: U.S. Bank Trust Company, National Association, as trustee
  - Value: $500 million
  - Effective: 2026-05-14
  source text: The Notes were issued under an Indenture, dated as of May 14, 2026 (the “Indenture”), among the Issuer, the guarantors named therein and U.S. Bank Trust Company, National Association, as trustee.
  evidence_url: https://www.sec.gov/Archives/edgar/data/821483/000119312526224142/0001193125-26-224142-index.htm
- Material Agreements
  PAR PACIFIC HOLDINGS, INC. entered into Amended and Restated Asset-Based Revolving Credit Agreement with Wells Fargo Bank, National Association, as agent, issuing bank and swing lender valued at $1.8 billion (effective 2026-05-14).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Wells Fargo Bank, National Association, as agent, issuing bank and swing lender
  - Value: $1.8 billion
  - Effective: 2026-05-14
  source text: On May 14, 2026, the Issuer, the Company and certain subsidiaries thereof (collectively, the “credit parties”) entered into an Amended and Restated Asset-Based Revolving Credit Agreement (the “New ABL”) with a group of lenders and Wells Fargo Bank, National Association, as agent, issuing bank and swing lender, to amend and restate, increase and extend the Asset-Based Revolving Credit Agreement, dated as of April 26, 2023 (as amended or otherwise modified prior to the effectiveness of such amendment and restatement, the “Existing ABL”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/821483/000119312526224142/0001193125-26-224142-index.htm

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