PBF Energy Inc. (NYSE:PBF) Prices $500M 0% Exchangeable Notes Due 2032
PBF Energy priced $500M of 0% senior unsecured exchangeable notes due 2032, with an option for $50M more; proceeds to fund capped calls and repay or redeem its 7.875% notes due 2030.Material DetailsContext by AI AnalystThis is a mid-cycle balance sheet move to refinance expensive 2030 notes and de…