HF Sinclair Announces Cash Tender Offer for up to $900.0 Million Aggregate Purchase Price of Debt Securities
HF Sinclair Corporation (DINO)
Company Research
Source: PR Newswire
DALLAS, Jan. 8, 2025 /PRNewswire/ -- HF Sinclair Corporation (NYSE: DINO) (the "Corporation") today announced that it has commenced a cash tender offer (the "Tender Offer") to purchase the outstanding notes listed in the table below (collectively, the "Notes" and each a "Series" of Notes) for an aggregate purchase price (excluding accrued interest) of up to $900.0 million (the "Maximum Aggregate Purchase Price"), in the order of priority shown in the table below, and subject to the 2027 Notes Tender Cap set forth in the table below.Title of SecurityCUSIP(1)IssuerAggregate Principal Amount Outstanding2027 Notes Tender Cap(2)(in millions)Acceptance Priority Level(3)Reference U.S. Treasury SecurityEarly Tender Premium(4)Fixed spread (basis points)Bloomberg Reference Page(5)6.375% Senior Notes due 2027 (the "2027 Notes")*403949 AK6U4322C AD5403949 AP5HF Sinclair$399,875,000$150,000,00012.625% U.S.T. due 4/15/25$30.0050 bpsFIT35.875% Senior Notes due 2026*403949 AF7U4322C AB9403949 AB6HF S
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DINO
News
- HF Sinclair Announces Upsize of Previously Announced Cash Tender Offer to up to $1.05 Billion Aggregate Purchase Price of Debt SecuritiesPR Newswire
- HF Sinclair Corporation Announces Pricing of Senior Notes OfferingBusiness Wire
- Adding DINO: December 21 - FDI Weekly Review [Forbes]Forbes
- HF Sinclair Co. (NYSE: DINO) had its price target lowered by analysts at TD Cowen from $43.00 to $35.00. They now have a "hold" rating on the stock.MarketBeat
- HF Sinclair Co. (NYSE: DINO) had its price target lowered by analysts at Mizuho from $50.00 to $45.00. They now have a "neutral" rating on the stock.MarketBeat
DINO
Earnings
- 10/31/24 - Beat
DINO
Sec Filings
- 1/8/25 - Form FWP
- 1/8/25 - Form 8-K
- 1/8/25 - Form 424B5
- DINO's page on the SEC website