---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-019293"
form_type: "8-K"
ticker: "PARR"
cik: "0000821483"
company_name: "PAR PACIFIC HOLDINGS, INC."
filed_at: "2024-06-05T23:59:59+00:00"
generated_at: "2026-06-01T06:24:08.598475+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Par Pacific secures new crude intermediation facility with Citi; ABL commitments increased to $1.4B

## Summary
- New crude-only intermediation facility with Citigroup Energy Inc. effective May 31, 2024, term 36 months, replaces J. Aron facility.
- ABL lender commitments increased to up to $1.4 billion, secured by additional collateral assets in Hawaii including refined product inventory and receivables.
- Previous supply/offtake agreement with J. Aron & Company LLC terminated on May 31, 2024, without penalties; related security and credit agreements terminated.
- Par Pacific's subsidiary Par Hawaii Refining is borrower; Par Petroleum LLC provides unsecured guaranty.

## SEC filing metadata
- accession: 0001437749-24-019293
- form_type: 8-K
- ticker: PARR
- cik: 0000821483
- company_name: PAR PACIFIC HOLDINGS, INC.
- filed_at: 2024-06-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/821483/000143774924019293/0001437749-24-019293-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/821483/000143774924019293/parr20240605_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-019293
- JSON: https://secwatch.observer/filing/0001437749-24-019293.json
- Plain text: https://secwatch.observer/filing/0001437749-24-019293.txt

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