Valero Energy selling benchmark 10-, 30-year senior notes Tuesday

By Aleesia Forni

Virginia Beach, March 10 – Valero Energy Corp. is in the market on Tuesday with a benchmark two-tranche offering of senior notes, according to an informed source and a 424B5 filed with the Securities and Exchange Commission.

The notes will be sold in tranches due 2025 and 2045.

Citigroup Global Markets Inc., Barclays, MUFG and Wells Fargo Securities LLC are the bookrunners.

Proceeds will be used for general corporate purposes.

San Antonio-based Valero is an oil refinery owner and operator.

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