PBF Energy Inc. (NYSE:PBF) announced that its indirect subsidiary, PBF Holding Company LLC, priced an add-on offering of $250.0 million in aggregate principal amount of 9.25% senior secured notes due 2025 at an issue price of 100.25% of their face value. The Notes will be co-issued by PBF Finance Corporation, a wholly owned subsidiary of PBF Holding. The Notes will be issued as additional notes under the existing indenture pursuant to which PBF Holding and PBF Finance Corporation previously issued $1,000.0 million aggregate principal amount of 9.25% Senior Secured Notes due 2025. The offering is expected to close on December 21, 2020, subject to customary closing conditions. PBF Holding intends to use the net proceeds from the offering for general corporate purposes.

About PBF Energy Inc.

PBF Energy Inc. (NYSE:PBF) is one of the largest independent refiners in North America, operating, through its subsidiaries, oil refineries and related facilities in California, Delaware, Louisiana, New Jersey and Ohio. Our mission is to operate our facilities in a safe, reliable and environmentally responsible manner, provide employees with a safe and rewarding workplace, become a positive influence in the communities where we do business, and provide superior returns to our investors.