PBF Logistics calls $525 million 6 7/8% senior notes due 2023

By William Gullotti

Buffalo, N.Y., Jan. 3 – PBF Energy Inc.’s indirect subsidiary, PBF Logistics LP, delivered redemption notices to holders of all $525 million outstanding 6 7/8% senior notes due May 15, 2023, according to a press release on Tuesday.

The redemption will occur on Feb. 3 at par plus accrued and unpaid interest.

The notes were initially issued by PBF Logistics and PBF Logistics Finance Corp. on May 12, 2015, with an add-on issued Oct. 6, 2017.

PBF is a Parsippany, N.J.-based crude oil pipeline transportation and terminal services provider.

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