{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-018428","form_type":"8-K","ticker":"PARR","cik":"0000821483","company_name":"PAR PACIFIC HOLDINGS, INC.","filed_at":"2023-06-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.361209+00:00","generated_at":"2026-06-13T17:24:44.218771+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"confidence":"high","headline":"Par Pacific amends supply/offtake agreement to replace LIBOR with SOFR rate, effective July 1, 2023","bullets":["Amendment changes interest rate benchmark from LIBOR to SOFR Rate (Compounded SOFR + 0.26161%) in the S&O Agreement with J. Aron.","Effective July 1, 2023; all references to LIBOR removed and replaced with SOFR Rate.","Also updates definitions for default interest rate, breakage compensation, and benchmark replacement fallback provisions.","No change to principal amount, maturity, or other material terms of the existing supply and offtake arrangement."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-018428","json":"https://secwatch.observer/filing/0001437749-23-018428.json","markdown":"https://secwatch.observer/filing/0001437749-23-018428.md","text":"https://secwatch.observer/filing/0001437749-23-018428.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/821483/000143774923018428/0001437749-23-018428-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/821483/000143774923018428/parr20230626_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T17:24:44.218771+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0d20a7a4437dd8a513ca1dd0b048e8aef1ccb06b","claim":"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.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/821483/000143774923018428/0001437749-23-018428-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Counterparty","value":"J. Aron & Company LLC"},{"label":"Rate","value":"the SOFR Rate means the sum of (a) Compounded SOFR (as defined in the S&O Agreem"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"110837abaab282e9019d0e208ff1cf787465b8a0","claim":"PAR PACIFIC HOLDINGS, INC. amended Second Amended and Restated Supply and Offtake Agreement with J. Aron & Company LLC (effective 2023-06-21).","evidence_excerpt":"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 ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/821483/000143774923018428/0001437749-23-018428-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"supply"},{"label":"Counterparty","value":"J. Aron & Company LLC"},{"label":"Effective","value":"2023-06-21"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}