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PBF Energy Announces Pricing of $500 Million of Senior Notes due 2034
PBF Energy Inc. (NYSE: PBF) ("PBF Energy") today announced that its indirect subsidiary, PBF Holding Company LLC ("PBF Holding"), priced $500 million in aggregate principal amount of 7.25% senior notes due 2034 (the "Notes") in a private offering. The offering is expected to close on May 28, 2026, subject to customary closing conditions. The Notes will be co-issued by PBF Finance Corporation, a wholly owned subsidiary of PBF Holding. PBF Holding intends to use the net proceeds from the offering
About this update from Pbf Energy Inc.
[{"type":"text","content":"PARSIPPANY, N.J., May 26, 2026 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) ("PBF Energy") today announced that its indirect subsidiary, PBF Holding Company LLC ("PBF Holding"), priced $500 million in aggregate principal amount of 7.25% senior notes due 2034 (the "Notes") in a private offering. The offering is expected to close on May 28, 2026, subject to customary closing conditions. The Notes will be co-issued by PBF Finance Corporation, a wholly owned subsidiary of PBF Holding. PBF Holding intends to use the net proceeds from the offering and available cash to fund the redemption in full of its outstanding 6.00% Senior Notes due 2028 (the "2028 Notes").","length":708,"tagName":"p"},{"type":"image","alt":"PBF Energy (PRNewsfoto/PBF Energy Inc.)","displaySize":"","headline":null,"caption":"PBF Energy (PRNewsfoto/PBF Energy Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":321,"url":"https://media.zenfs.com/en/prnewswire.com/9f2e1b81078f4ba13406c4f8193b1b00"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/FO6JaJhyta0C24iuk02qbA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTU2Ng--/https://media.zenfs.com/en/prnewswire.com/9f2e1b81078f4ba13406c4f8193b1b00","width":400,"height":321},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/H5WZbBZ7GgZxWJl0uU9Y7Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTUxNA--/https://media.zenfs.com/en/prnewswire.com/9f2e1b81078f4ba13406c4f8193b1b00","width":400,"height":321}},"href":"https://mma.prnewswire.com/media/2303474/PBF_R_Blu_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The Notes will be offered in a private placement and are expected to be resold by the initial purchasers to qualified institutional buyers under Rule 144A under the Securities Act of 1933, as amended (the "Securities Act") and to non-U.S. persons outside the United States pursuant to Regulation S under the Securities Act. The offer of the Notes will be made only by means of a private offering memorandum to qualified investors and has not been and will not be registered under the Securities Act or any applicable state securities laws, and the Notes may not be offered or sold in the United States absent registration under the Securities Act or an applicable exemption from the registration requirements of the Securiti...