Tesoro pays down $398 million of term loan debt during third quarter

By Tali Rackner

Norfolk, Va., Oct. 29 – Tesoro Corp. said it repaid $398 million of its outstanding term loan during the third quarter, according to a press release.

The company currently has no outstanding secured debt.

Tesoro is a San Antonio-based owner, operator, developer and acquirer of crude oil and refined products logistics assets.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.