PBF Energy Prices $500M 0% Exchangeable Notes Due 2032

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โดย Seeking Alpha·US·Read original
Summary · why it matters

PBF Energy said its subsidiary PBF Holding has priced $500 million of 0% exchangeable notes due 2032 in a private offering. Initial buyers have an option to purchase up to an additional $50 million of the notes. The notes will be senior, unsecured obligations of the issuers. They will not bear regular interest, and the principal amount of the notes will not accrete.

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Energy · 1 stocks
PBF Energy Inc
PBF
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PBF Energy priced $500M of 0% exchangeable notes due 2032, a financing event with unclear net effect on shareholders.