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Form 8-K · Current Report · Filed 2025-04-03

HF Sinclair Terminates Existing Credit Agreements and Enters New Revolving Credit Agreement

On April 3, 2025, HF Sinclair Corporation terminated its existing Senior Unsecured Multi-Year Revolving Credit Agreement with MUFG Bank, LTD and the Third Amended and Restated Credit Agreement with Holly Energy Partners, L.P., as well as the Parent Guaranty Agreement with Wells Fargo.

Filer
Hf Sinclair Corporation DINO · NYSE
Filed
Accession
0001193125-25-072415
CIK
0001915657
Signal
Medium impactEnergy

Details

Simultaneously, the company entered into a new Senior Unsecured Multi-Year Revolving Credit Agreement with Wells Fargo Bank, National Association, with a maximum commitment of up to $2.75 billion, maturing on April 3, 2030, with an extension option.

Items reported

Item 1.01

Entry into a Material Definitive Agreement

Financial Instrument Agreement
Item 1.02

Termination of a Material Definitive Agreement

Contract Termination
Item 2.03

Creation of a Direct Financial Obligation

Credit Facility Entered
Item 9.01

Financial Statements and Exhibits

No viable tag

Market reaction

Close before filing

$33.61

Next session

-18.2%

Since filing

+172.2%

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 Corporation Presents Updated Investor Outlook-2.2%
HF Sinclair Corporation Reports 2024 Fourth Quarter and Full Year Results and Announces Regular Cash Dividend-4.1%
HF Sinclair Announces Redemption of Senior Notes-4.5%
HF Sinclair Corporation Announces Redemption of Senior Notes-1.0%
HF Sinclair Announces Early Results of Cash Tender Offer+0.0%

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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