Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
PAR PACIFIC HOLDINGS, INC. amended credit facility with J. Aron & Company LLC at the SOFR Rate means the sum of (a) Compounded SOFR (as defined in the S&O Agreem.
- Instrument
- credit facility
- Counterparty
- J. Aron & Company LLC
- Rate
- the SOFR Rate means the sum of (a) Compounded SOFR (as defined in the S&O Agreem
- Event
- amendment
Exact text from the filing
On June 21, 2023, Par Hawaii Refining, LLC, a Hawaii limited liability company (“ PHR ”) and indirect wholly-owned subsidiary of Par Pacific Holdings, Inc. (“ Par Pacific ”), and Par Petroleum, LLC, a Delaware limited liability company and a subsidiary of Par Pacific and the parent of PHR, as guarantor, entered into an Amendment (the “ Amendment ”) to Second Amended and Restated Supply and Offtake Agreement (as amended, the “ S&O Agreement ”) with J. Aron & Company LLC (“ J. Aron ”). The Amendment amended the S&O Agreement to change the interest rate benchmark in the S&O Agreement by replacing LIBOR with the SOFR Rate and to make certain other conforming and mechanical changes.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
PAR PACIFIC HOLDINGS, INC. amended Second Amended and Restated Supply and Offtake Agreement with J. Aron & Company LLC (effective 2023-06-21).
- Action
- amendment
- Agreement
- supply
- Counterparty
- J. Aron & Company LLC
- Effective
- 2023-06-21
Exact text from the filing
On June 21, 2023, Par Hawaii Refining, LLC, a Hawaii limited liability company (“ PHR ”) and indirect wholly-owned subsidiary of Par Pacific Holdings, Inc. (“ Par Pacific ”), and Par Petroleum, LLC, a Delaware limited liability company and a subsidiary of Par Pacific and the parent of PHR, as guarantor, entered into an Amendment (the “ Amendment ”) to Second Amended and Restated Supply and Offtake Agreement (as amended, the “ S&O Agreement ”) with J. Aron & Company LLC (“ J. Aron ”).
View on SEC.gov