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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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