secwatch.observer — SEC 8-K summary
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Issuer:     PBF Energy Inc. (PBF)
CIK:        0001534504
Form:       8-K
Filed at:   2023-06-29T23:59:59+00:00
Accession:  0001534504-23-000032
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534504/000153450423000032/0001534504-23-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534504/000153450423000032/pbf-20230628.htm
  HTML page:      https://secwatch.observer/filing/0001534504-23-000032

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer