HollyFrontier to price fixed-rate senior notes via five bookrunners

By Devika Patel

Knoxville, Tenn., Nov. 16 – HollyFrontier Corp. plans to conduct an offering of fixed-rate senior notes, according to a 424B5 filed with the Securities and Exchange Commission.

The notes have a make-whole call and then a par call.

Citigroup Global Markets Inc., BofA Merrill Lynch, Goldman Sachs & Co., MUFG and TD Securities (USA) LLC are the bookrunners for the offering.

The Dallas-based petroleum refiner will use the proceeds for general corporate purposes, which may include a portion of the $845 million purchase price for the company’s planned acquisition of Suncor Energy’s Petro-Canada Lubricants business and capital expenditures.

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