PBF news

PBF Energy Inc. granted 2027-2029 performance share units and dividend equivalent awards to an employee, conditional upon company TSR rank performance over the period ending December 31, 2029.

PBF Holdings has entered into a second amended and restated senior secured revolving credit agreement dated September 30, 2026. The new facility, effective until 2031, is expected to be used to enhance financial flexibility and provide liquidity for general corporate purposes.

PBF Holding executed an indenture for 0% exchangeable senior notes due 2032, maturing in September 2032. This reflects new capital structure planning.

PBF Holding LLC priced $500 million in 0% exchangeable senior notes due 2032. The notes are guaranteed by affiliates and have a convertible feature into PBF Energy Class A common stock.

PBF LLC acquired two Torrance hydrogen plants for $44.8 million, assuming a $342.2 million debt obligation. The company is also discussing the renewal of its revolving credit facility.

PBF Energy reported Q2 2026 results with net income of $7.54 per share and declared a quarterly dividend of $0.275 per share. The company also continued a significant balance sheet strengthening by reducing gross debt by over $1 billion.

PBF Holding Company LLC executed an indenture for 7.250% Senior Notes due 2034 with Wilmington Trust as trustee. The debt offering expands the company's capital structure and refinancing options.

PBF Energy's subsidiary priced $500 million of senior notes due 2034 to refinance $801.6 million of 2028 notes. The offering allows the company to extend debt maturity and lock in current market rates.

PBF completed reconstruction of Martinez refinery units damaged in February 2025 fire, with all units now operational. Chalmette refinery experienced a May 2026 process upset and fire requiring third-quarter repairs, though operations continue at planned rates with $550M available liquidity.