financetom
Business
financetom
/
Business
/
HF Sinclair Reports Early Results of Debt Tender Offer
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
HF Sinclair Reports Early Results of Debt Tender Offer
Jan 24, 2025 5:39 AM

08:07 AM EST, 01/24/2025 (MT Newswires) -- HF Sinclair ( DINO ) reported Thursday the early results of the cash tender offer to buy back outstanding notes issued by the company and its HollyFrontier unit.

The company said roughly $361.1 million of 6.375% notes due 2027 and about $448.1 million of 5.875% notes due 2026 were validly tendered as of the early tender deadline, while about $48.5 million of 5.875% HollyFrontier notes due 2026 were also validly tendered.

The company said it does not expect to accept any further tenders of the 2027 notes as the notes tendered exceeded the $150 million cap.

The company said it has set an early settlement date for Jan. 28 and the tender offer will remain open until Feb. 7.

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 >
Startup Rivos raises $250 million to develop RISC-V AI chips
Startup Rivos raises $250 million to develop RISC-V AI chips
Apr 16, 2024
(Reuters) - Chip startup Rivos said on Tuesday it raised $250 million in a funding round that will enable it to manufacture its first server chip geared for artificial intelligence. Nvidia's ( NVDA ) combination of chips and CUDA software dominates the market for AI-related computing, and Nvidia ( NVDA ) gobbled up more than 80% market share of AI...
AMD introduces AI chips for business laptops and desktops
AMD introduces AI chips for business laptops and desktops
Apr 16, 2024
April 16 (Reuters) - Advanced Micro Devices ( AMD ) unveiled a new series of chips for artificial intelligence-enabled personal computers on Tuesday as it looks to expand its share of the lucrative AI PCs market. The chip designer said its latest Ryzen PRO 8040 Series is built for business laptops and mobile workstations while its AMD Ryzen PRO 8000...
Sri Lanka debt restructuring stumbles as govt rejects bondholders' proposal
Sri Lanka debt restructuring stumbles as govt rejects bondholders' proposal
Apr 16, 2024
COLOMBO (Reuters) -Sri Lanka on Tuesday rejected international bondholders' proposal to restructure more than $12 billion in debt, putting at risk critical International Monetary Fund support and delaying its efforts to resolve a two-year-long debt crisis. Some of the proposal's baseline assessments and a lack of a contingency option in the case of continued economic weakness were two the main...
Planet Fitness Names Colleen Keating CEO
Planet Fitness Names Colleen Keating CEO
Apr 16, 2024
09:11 AM EDT, 04/16/2024 (MT Newswires) -- Planet Fitness ( PLNT ) said Tuesday it named Colleen Keating as chief executive, starting June 10. The company said Keating will succeed Craig Benson, who will continue as a company Board member. Keating most recently served as the CEO of FirstKey Homes, Planet Fitness ( PLNT ) said. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved