financetom
Business
financetom
/
Business
/
HF Sinclair Plans Redemptions of Senior Notes Due 2026, 2027
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
HF Sinclair Plans Redemptions of Senior Notes Due 2026, 2027
Aug 20, 2025 2:10 PM

04:58 PM EDT, 08/20/2025 (MT Newswires) -- HF Sinclair ( DINO ) said late Wednesday it will redeem its outstanding 5.875% senior notes due 2026, 6.375% senior notes due 2027, and the 6.375% senior notes due in 2027 of the company's units, Holly Energy Partners and Holly Energy Finance.

The redemption price for the 2026 notes will equal the greater of 100% of the principal amount to be redeemed and the "make-whole" redemption premium, according to a statement.

The redemption price for the 2027 notes will equal 101.594% of the principal amount plus accrued and unpaid interest, the company said.

The redemption is expected on Aug. 30. The company plans to fund it with proceeds from its offering of $500 million of senior notes that closed on Aug. 18.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Affirm Expands $750 Million Deal With New York Life To Boost Loan Capacity
Affirm Expands $750 Million Deal With New York Life To Boost Loan Capacity
Oct 31, 2025
Affirm Holdings, Inc ( AFRM ) recovered some of its Thursday losses after it expanded its long-term capital partnership with New York Life, a leading mutual life insurance company, to strengthen its consumer financing capacity. • AFRM is building positive momentum. Get the scoop here. Under the new agreement, New York Life will buy Affirm's installment loans on a forward-flow...
Eli Lilly's Solid Q3 Highlights Strong Mounjaro Demand; Orforglipron Launch in 2026 Seen as Growth Driver, Morgan Stanley Says
Eli Lilly's Solid Q3 Highlights Strong Mounjaro Demand; Orforglipron Launch in 2026 Seen as Growth Driver, Morgan Stanley Says
Oct 31, 2025
11:00 AM EDT, 10/31/2025 (MT Newswires) -- Eli Lilly ( LLY ) delivered another solid quarter, citing strong international demand for type 2 diabetes drug Mounjaro, while the upcoming launch of oral GLP-1 medication Orforglipron next year is expected to be a key driver, Morgan Stanley said in a note emailed Friday. The brokerage raised its 2025 revenue guidance to...
Core Scientific Upgraded to Outperform Following Failed CoreWeave Merger: Macquarie
Core Scientific Upgraded to Outperform Following Failed CoreWeave Merger: Macquarie
Oct 31, 2025
Investment bank Macquarie upgraded Core Scientific ( CORZ ) to outperform from neutral and hiked its price target on the stock nearly 90% to $34 from $18 following the collapse of the CoreWeave ( CRWV ) deal. The failed merger between Core Scientific ( CORZ ) and CoreWeave ( CRWV ) came as no surprise after reports and proxy recommendations...
Mastercard Benefitting From Resilient Consumer Spending, Morgan Stanley Says
Mastercard Benefitting From Resilient Consumer Spending, Morgan Stanley Says
Oct 31, 2025
11:00 AM EDT, 10/31/2025 (MT Newswires) -- Mastercard ( MA ) is seeing healthy consumer spending and steady cross-border volumes, supported by a resilient macro backdrop and expanding value-added services, Morgan Stanley said in a note Friday following the company's Q3 results. The brokerage said Mastercard ( MA ) continues to benefit from stable employment and wage trends that are...
Copyright 2023-2026 - www.financetom.com All Rights Reserved