PARSIPPANY, N.J., July 11,
2022 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF)
today announced that its indirect subsidiary, PBF Holding Company
LLC ("PBF Holding"), has fully redeemed all of the $1.25
billion in aggregate principal amount outstanding of its 9.25%
Senior Secured Notes due 2025 (the "Notes") issued by PBF Holding
and PBF Finance Corporation. The Notes were redeemed at a
redemption price of 104.625%, plus accrued and unpaid interest
through July 11, 2022.
About PBF Energy Inc.
PBF Energy Inc. (NYSE: PBF) is one of the largest independent
refiners in North America, operating, through its
subsidiaries, oil refineries and related facilities
in California, Delaware, Louisiana, New
Jersey and Ohio. Our mission is to operate our facilities
in a safe, reliable and environmentally responsible manner, provide
employees with a safe and rewarding workplace, become a positive
influence in the communities where we do business, and provide
superior returns to our investors.
PBF Energy Inc. also currently indirectly owns the general
partner and approximately 48% of the limited partnership interest
of PBF Logistics LP (NYSE: PBFX).
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SOURCE PBF Energy Inc.