---
title: "Par Pacific Announces Closing of Private Placement of $500 Million of Senior Notes and Increase and Extension of ABL"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286465081.md"
description: "Today, Par Pacific Holdings, Inc. disclosed that its subsidiary, Par Petroleum, LLC, successfully completed a private placement, raising $500 million through the issuance of 7.375% senior unsecured notes due 2034. The Offering, conducted in accordance with Rule 144A and Regulation S under the Securities Act of 1933, saw an increase in lender commitments for its senior secured asset-based revolving credit facility (the “ABL Credit Facility”) to a maximum of $1.8 billion with the maturity date extended to 2031."
datetime: "2026-05-14T20:16:36.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286465081.md)
  - [en](https://longbridge.com/en/news/286465081.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286465081.md)
---

# Par Pacific Announces Closing of Private Placement of $500 Million of Senior Notes and Increase and Extension of ABL

Today, Par Pacific Holdings, Inc. disclosed that its subsidiary, Par Petroleum, LLC, successfully completed a private placement, raising $500 million through the issuance of 7.375% senior unsecured notes due 2034. The Offering, conducted in accordance with Rule 144A and Regulation S under the Securities Act of 1933, saw an increase in lender commitments for its senior secured asset-based revolving credit facility (the “ABL Credit Facility”) to a maximum of $1.8 billion with the maturity date extended to 2031.

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