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Published on 2/3/2021 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Citgo to fully redeem $650 million 6¼% senior notes due 2022

By Taylor Fox

New York, Feb. 3 – Citgo Petroleum Corp. plans to redeem all $650 million of its 6¼% senior secured notes due Aug. 15, 2022, according to a news release.

The notes will be redeemed using proceeds from Citgo’s $650 million notes offering and cash on hand.

Th redemption is contingent upon the consummation of the notes offering.

Citgo is a Houston-based refiner.


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