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Form 8-K · Current Report · Filed 2025-01-08

HF Sinclair Initiates Cash Tender Offer for Up to $900 Million of Debt Securities

On January 8, 2025, HF Sinclair Corporation announced a cash tender offer to repurchase up to $900 million aggregate principal amount of its 6.375% Senior Notes due 2027, 5.875% Senior Notes due 2026, and HollyFrontier Corporation’s 5.875% Senior Notes due 2026.

Filer
Hf Sinclair Corporation DINO · NYSE
Filed
Accession
0001193125-25-003272
CIK
0001915657
Signal
Medium impactEnergy

Details

The offer, subject to certain conditions, includes an early tender deadline of January 23, 2025, and an expiration date of February 7, 2025. Holders of notes can receive a Total Tender Offer Consideration or a Late Tender Offer Consideration, depending on when they tender their notes.

Items reported

Item 8.01

Other Events

Share Repurchase Program Announced
Item 9.01

Financial Statements and Exhibits

No viable tag

Market reaction

Close before filing

$34.36

Next session

+4.4%

Since filing

+166.2%

Latest close

$91.47

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from DINO reporting the same item, with the next session's move:

HF Sinclair Presents Investor Update and Financials-4.5%
HF Sinclair Reports Third Quarter 2024 Results and Declares Regular Dividend-5.2%
HF Sinclair Presents Q3 2024 Investor Update-0.0%
HF Sinclair Corporation Announces Q2 2024 Results and Regular Dividend-9.2%
HF Sinclair Appoints Eric L. Nitcher as Executive Vice President, General Counsel-1.8%

Exhibits (1)

About Hf Sinclair Corporation

Hf Sinclair Corporation is an integrated energy company involved in refining, marketing, and distributing petroleum products. Its primary focus is on supplying fuel and specialty lubricant products, with operations that extend into petrochemicals and renewable fuels. Serving various sectors such as automotive, industrial, and agricultural, Hf Sinclair plays a crucial role in the energy supply chain by processing crude oil into refined products, including gasoline and diesel. The company's refining operations are strategically located across the United States, facilitating efficient distribution across diverse markets. With a commitment to sustainability, Hf Sinclair is also investing in renewable energy solutions and reducing carbon emissions. As a significant player in the energy sector, the corporation contributes to both local and global energy supplies, impacting market dynamics through its production capacities and strategic initiatives. Founded through a merger of HollyFrontier Corporation and Sinclair Oil Corporation, Hf Sinclair combines extensive industry expertise with a robust operational network, making it a key participant in the broader energy landscape.

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