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Form 8-K · Current Report · Filed 2025-02-06

Valero Energy Corporation Announces Issuance of $650 Million Senior Notes

On February 4, 2025, Valero Energy Corporation announced the issuance and sale of $650 million aggregate principal amount of its 5.150% Senior Notes due 2030.

Filer
Valero Energy Corporation VLO · NYSE
Filed
Accession
0001193125-25-021882
CIK
0001035002
Signal
Medium impactEnergy

Details

The offering is underwritten by Citigroup Global Markets Inc., BofA Securities, Inc., J.P. Morgan Securities LLC, and Mizuho Securities USA LLC. The Notes will be issued under an Indenture dated March 10, 2015, with U.S. Bank Trust Company, National Association, as trustee. The issuance is expected to close on February 7, 2025, and is being made pursuant to a prospectus filed with the SEC.

Items reported

Item 1.01

Entry into a Material Definitive Agreement

Financial Instrument Agreement
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$140.54

Next session

-5.3%

Since filing

+122.6%

Latest close

$312.90

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

Precedent

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

Exhibits (3)

About Valero Energy Corporation

Valero Energy Corporation is a leading international manufacturer and marketer of transportation fuels and petrochemical products. Operating as an independent petroleum refiner, Valero plays a crucial role in the energy sector, producing essential fuels like gasoline, diesel, and jet fuel. The company operates multiple refineries and ethanol plants across various strategic locations, primarily in the United States and Canada, optimizing access to feedstock supplies and distribution networks. One of Valero's distinguishing features is its commitment to sustainable and environmentally responsible practices, investing in renewable diesel production and reducing carbon emissions. As a key player in the energy market, Valero supplies a broad portfolio of customers, including retail outlets, wholesalers, and enterprise clients, leveraging its extensive logistic capabilities. Founded in 1980 and headquartered in San Antonio, Texas, Valero Energy Corporation significantly contributes to global energy supply chains while continuously adapting to changing regulatory and market dynamics.

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