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AI brief of an SEC Form 8-K · PBF Energy (PBF)

PBF Energy closes $500 million 7.250% senior notes due 2034 to redeem 2028 notes

Neutral Impact 3 of 5 financing Written later

PBF Energy's subsidiary PBF Holding issued $500.0 million of 7.250% senior unsecured notes due June 1, 2034, netting about $492.7 million after discounts and expenses. The company plans to use the proceeds and available cash to fully redeem its outstanding 6.00% senior notes due 2028, which refinances existing debt and adds $500.0 million of new long-term borrowing.

Key points

  • Notes: $500.0 million principal, 7.250%, due June 1, 2034; interest paid semi-annually from December 1, 2026
  • Net proceeds of approximately $492.7 million after initial purchasers' discount and offering expenses
  • Proceeds and available cash to fund full redemption of 6.00% senior unsecured notes due 2028
  • Indenture includes limits on additional debt, dividends and share repurchases, asset sales and affiliate transactions

The filing

CompanyPBF Energy (PBF)
Form8-K, current report
Filed with the SECMay 28, 2026, 4:44 PM ET
Accession number0001193125-26-245390

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:17 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 28, 2026.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.