05:55 PM EST, 01/27/2025 (MT Newswires) -- HF Sinclair ( DINO ) said Monday it will redeem all of its unit HollyFrontier's outstanding 5.785% senior notes due 2026.

The redemption, slated for Feb. 16, will be funded with the net proceeds from its recent $1.4 billion notes offering, the company said.

The redemption price will be 100% of the principal amount of the notes and pre-specified "make-whole" redemption premium, plus accrued and unpaid interest, it said.