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HF Sinclair Prices Tender Offer for Notes Due 2026, 2027
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HF Sinclair Prices Tender Offer for Notes Due 2026, 2027
Jan 24, 2025 10:52 AM

01:21 PM EST, 01/24/2025 (MT Newswires) -- HF Sinclair ( DINO ) priced a cash tender offer to purchase outstanding notes due 2026 and 2027.

The tender offer consideration for $150 million of 6.375% senior notes due 2027 was $1,018.64 per $1,000 principal amount of notes, the company said Friday in a statement.

The consideration for both $448.1 million of 5.875% senior notes due 2026 and $48.5 million of 5.875% senior notes due 2026 was $1,010.01 per $1,000 principal amount.

The tender offer is expected to run until Feb. 7, the company said.

HF Sinclair ( DINO ) doesn't expect to accept any further tenders of the 2027 notes with the amount validly tendered exceeding the $150 million cap.

Price: 36.25, Change: -0.59, Percent Change: -1.60

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