PBF Energy subsidiary prices $500 million senior notes due 2034
PBF Energy’s indirect subsidiary, PBF Holding Company LLC, has priced a private offering of $500 million aggregate principal amount of 7.25% senior notes.
The offering is expected to close on May 28, subject to customary conditions.
The senior notes are due in 2034 and have a fixed interest rate of 7.25%.
The company did not provide further details on the use of proceeds from the offering.