secwatch.observer — SEC 8-K summary
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Issuer:     PAR PACIFIC HOLDINGS, INC. (PARR)
CIK:        0000821483
Form:       8-K
Filed at:   2026-05-14T20:26:46+00:00
Accession:  0001193125-26-224142
Event type: debt
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/821483/000119312526224142/0001193125-26-224142-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/821483/000119312526224142/d176382d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-224142

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