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Published on 8/14/2023 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

PBF Energy plans to redeem 7¼% notes due 2025 via new notes

By Marisa Wong

Los Angeles, Aug. 14 – PBF Energy Inc. announced that indirect subsidiary PBF Holding Co. LLC plans to redeem its 7¼% senior notes due 2025 using proceeds from an offering of new notes, together with cash on hand.

PBF Holding is proposing to issue $500 million of senior notes due 2030, according to a Monday press release.

PBF Energy is an oil refiner based in Parsippany, N.J.


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