PBF Logistics intends to price initial public offering of common units

Barclays, UBS Securities to be the joint bookrunning managers

By Devika Patel

Knoxville, Tenn., April 3 - PBF Logistics LP said it will sell common units in its initial public sale.

Barclays and UBS Securities LLC are the joint bookrunning managers.

The units are expected trade on the New York Stock Exchange under the symbol "PBFX."

The company is a subsidiary of PBF Energy Inc., a Parsippany, N.J.-based operator of oil refineries and related facilities. BF Logistics was formed by PBF Energy to own or lease, operate, develop and acquire crude oil and refined petroleum products terminals, pipelines, storage facilities and similar logistics assets.

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