Par Pacific calls $36.75 million of 12 7/8% notes due 2026 on June 14

By Devika Patel

Knoxville, Tenn., May 17 – Par Pacific Holdings, Inc. plans to redeem $36.75 million of the $105 million outstanding 12 7/8% senior secured notes due 2026, which were issued by subsidiaries Par Petroleum, LLC and Par Petroleum Finance Corp., according to an 8-K filed with the Securities and Exchange Commission.

The notes will be redeemed on June 14 at 112.875, plus unpaid interest.

Following the redemption, $68.25 million of the notes will remain outstanding.

Par Pacific is a Houston-based owner-operator of energy, infrastructure and retail businesses.

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