---
schema_version: "secwatch.filing_event.v1"
accession: "0001534504-23-000032"
form_type: "8-K"
ticker: "PBF"
cik: "0001534504"
company_name: "PBF Energy Inc."
filed_at: "2023-06-29T23:59:59+00:00"
generated_at: "2026-06-13T14:51:01.134462+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# PBF amends inventory intermediation agreement with J. Aron to allow early termination by July 31, 2023

## Summary
- Second amendment to Third A&R Inventory Intermediation Agreement with J. Aron (Goldman Sachs subsidiary) executed June 28, 2023.
- Allows early termination of the agreement; final step-out date set for July 31, 2023.
- $500,000 funding cost unwind amount to be included in step-out payment.
- Amendment effective upon satisfaction of conditions including payment of expenses.

## SEC filing metadata
- accession: 0001534504-23-000032
- form_type: 8-K
- ticker: PBF
- cik: 0001534504
- company_name: PBF Energy Inc.
- filed_at: 2023-06-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1534504/000153450423000032/0001534504-23-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534504/000153450423000032/pbf-20230628.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001534504-23-000032
- JSON: https://secwatch.observer/filing/0001534504-23-000032.json
- Plain text: https://secwatch.observer/filing/0001534504-23-000032.txt

## Key facts
- Material Agreements
  PBF Energy Inc. amended Third A&R Inventory Intermediation Agreement J. Aron Second Amendment with J. Aron & Company LLC valued at Amendment to allow for early termination of the agreement (effective 2023-06-28).
  - Action: amendment
  - Counterparty: J. Aron & Company LLC
  - Value: Amendment to allow for early termination of the agreement
  - Effective: 2023-06-28
  source text: On June 28, 2023, PBF Holding, and its wholly-owned subsidiaries, Delaware City Refining Company LLC, Paulsboro Refining Company LLC, and Chalmette Refining, L.L.C. entered into a second amendment (the “J. Aron Second Amendment”) of the third amended and restated inventory intermediation agreement dated October 25, 2021 (the “Third A&R Inventory Intermediation Agreement”) with J. Aron & Company LLC, a subsidiary of the Goldman Sachs Group, Inc., to amend certain provisions of the Third A&R Inventory Intermediation Agreement to allow for the early termination of the Third A&R Inventory Intermediation Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534504/000153450423000032/0001534504-23-000032-index.htm

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