<p>休斯顿，2026 年 5 月 11 日（GLOBE NEWSWIRE）-- Par Pacific Holdings, Inc.（纽约证券交易所及纽约证券交易所德克萨斯州：PARR）（“Par Pacific” 或 “公司”）今天宣布，受市场条件影响，Par Petroleum, LLC，Par Pacific 的全资子公司（“Par Petroleum”），计划根据 1933 年证券法（经修订）（“证券法”）的 144A 规则和 S 条款进行私募发行（“发行”），发行总额为 5 亿美元的 2034 年到期的高级无担保债券（“债券”）。预计这些债券将由 Par Pacific 及其每个担保公司在发行结束时对公司的高级担保资产基础循环信贷设施（“ABL 信贷设施”）提供完全和无条件的担保。</p>
<p>公司计划将发行的净收益与手头现金或根据 ABL 信贷设施的借款一起，用于偿还 Par Petroleum 到期于 2030 年的所有总本金余额并终止其定期贷款。</p>
<p>债券及相关担保的发行和销售尚未根据证券法或任何州证券法进行注册，除非注册，否则这些证券不得在美国提供或销售，除非根据证券法及适用州证券法的注册要求的豁免或不受其约束的交易。公司计划仅向合理相信是合格机构买家的人员根据证券法的 144A 规则提供和销售这些证券，并向美国以外的非美国人士根据证券法的 S 条款提供和销售。</p>
<p>本新闻稿不构成出售任何这些证券或其他证券的要约，也不构成购买任何这些证券或其他证券的要约请求，也不应在任何此类要约、请求或销售在任何州或司法管辖区内是非法的情况下进行这些证券或其他证券的销售。</p>
<p><strong>关于 Par Pacific</strong></p>
<p>Par Pacific Holdings, Inc.（纽约证券交易所及纽约证券交易所德克萨斯州：PARR）总部位于德克萨斯州休斯顿，是一家不断发展的能源公司，为美国西部提供可再生和传统燃料。Par Pacific 在夏威夷、太平洋西北地区和落基山脉的四个地点拥有并运营 219,000 桶/日的综合炼油能力，以及包括 1300 万桶储存、海洋、铁路、装卸和管道资产在内的广泛能源基础设施网络。此外，Par Pacific 在夏威夷运营 Hele 零售品牌，并在太平洋西北地区运营 “nomnom” 便利店连锁。Par Pacific 还拥有 Laramie Energy, LLC 46% 的股份，该公司是一家天然气生产公司，业务和资产集中在科罗拉多州西部。</p>
<p><strong>前瞻性声明</strong></p>
<p>本新闻稿包含根据证券法第 27A 条和 1934 年证券交易法第 21E 条的定义的某些 “前瞻性声明”，旨在符合 1995 年私人证券诉讼改革法案所建立的责任 “安全港”。除历史事实外的所有声明均为前瞻性声明。前瞻性声明包括但不限于关于拟议发行、预期收益的使用及发行和债券的其他方面的声明。前瞻性声明受到某些风险、趋势和不确定性的影响，例如公司在其 10-K 表格年度报告、10-Q 表格季度报告及公司向证券交易委员会提交的其他文件中详细说明的风险和不确定性。公司无法保证这些前瞻性声明所基于的假设将被证明是正确的。如果这些风险中的任何一个实现，或基本假设被证明不正确，实际结果可能与任何前瞻性声明中表达或暗示的结果有重大差异，投资者被警告不要对这些前瞻性声明过度依赖，这些声明仅在本新闻稿日期时有效。除非适用法律要求，公司不打算更新或修订本声明中或因新信息、未来事件或其他原因而作出的任何前瞻性声明。</p>
<p><strong>投资者联系：</strong></p>
<p>Ashimi Patel Vitter</p>
<p>副总裁，投资者关系与可持续发展</p>
<p>（832）916-3355</p>
<p>apatel@parpacific.com</p>
<p><img src="https://imageproxy.pbkrs.com/https://www.globenewswire.com/newsroom/ti/query-bmY9T1RjeE56TTNOQ00zTlRrMU16TXhJekl3TURneU9EVT0?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://www.globenewswire.com/newsroom/ti/query-bmY9T1RjeE56TTNOQ00zTlRrMU16TXhJekl3TURneU9EVT0"/></p>
<p><img src="https://imageproxy.pbkrs.com/https://ml.globenewswire.com/media/NzFmODkwNDYtMzMyOC00Yjg2LWI5YmItMzhhY2Q1NDY0NjVlLTEwMTk4NTgtMjAyNi0wNS0xMS1lbg==/tiny/Par-Pacific-Holdings-Inc-.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://ml.globenewswire.com/media/NzFmODkwNDYtMzMyOC00Yjg2LWI5YmItMzhhY2Q1NDY0NjVlLTEwMTk4NTgtMjAyNi0wNS0xMS1lbg==/tiny/Par-Pacific-Holdings-Inc-.png"/></p>

PARR

<p>Par Pacific Holdings, Inc. 宣布进行一项私人配售，发行金额为 5 亿美元的 2034 年到期的高级无担保债券，具体情况将视市场条件而定。该发行将根据《证券法》的 144A 条款和 S 条款进行。所得款项将用于偿还 Par Petroleum 于 2030 年到期的定期贷款。这些债券将由 Par Pacific 及其子公司提供担保。此公告不构成在美国未注册的证券出售要约。Par Pacific 是一家在美国西部提供燃料的能源公司</p>

<p>HOUSTON, May 11, 2026 (GLOBE NEWSWIRE) -- Par Pacific Holdings, Inc. (NYSE and NYSE Texas: PARR) (“Par Pacific” or the “Company”) announced today that, subject to market conditions, Par Petroleum, LLC, a wholly owned subsidiary of Par Pacific (“Par Petroleum”), intends to offer (the “Offering”) for sale in a private placement pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”), $500 million in aggregate principal amount of senior unsecured notes due 2034 (the “Notes”). The Notes are expected to be fully and unconditionally guaranteed on a senior unsecured basis by Par Pacific and each of Par Petroleum’s subsidiaries that guarantees the Company’s senior secured asset-based revolving credit facility (the “ABL Credit Facility”) at the closing of the Offering.</p>
<div class="lb-trans"><p>休斯顿，2026 年 5 月 11 日（GLOBE NEWSWIRE）-- Par Pacific Holdings, Inc.（纽约证券交易所及纽约证券交易所德克萨斯州：PARR）（“Par Pacific” 或 “公司”）今天宣布，受市场条件影响，Par Petroleum, LLC，Par Pacific 的全资子公司（“Par Petroleum”），计划根据 1933 年证券法（经修订）（“证券法”）的 144A 规则和 S 条款进行私募发行（“发行”），发行总额为 5 亿美元的 2034 年到期的高级无担保债券（“债券”）。预计这些债券将由 Par Pacific 及其每个担保公司在发行结束时对公司的高级担保资产基础循环信贷设施（“ABL 信贷设施”）提供完全和无条件的担保。</p>
</div><p>The Company intends to use the net proceeds from the Offering, together with cash on hand or borrowings under the ABL Credit Facility, to repay all of the aggregate principal balance under and terminate Par Petroleum’s term loan due 2030.</p>
<div class="lb-trans"><p>公司计划将发行的净收益与手头现金或根据 ABL 信贷设施的借款一起，用于偿还 Par Petroleum 到期于 2030 年的所有总本金余额并终止其定期贷款。</p>
</div><p>The offer and sale of the Notes and the related guarantees have not been registered under the Securities Act, or any state securities laws, and unless so registered, these securities may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. The Company plans to offer and sell these securities only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act and to non-U.S. persons outside the United States pursuant to Regulation S under the Securities Act.</p>
<div class="lb-trans"><p>债券及相关担保的发行和销售尚未根据证券法或任何州证券法进行注册，除非注册，否则这些证券不得在美国提供或销售，除非根据证券法及适用州证券法的注册要求的豁免或不受其约束的交易。公司计划仅向合理相信是合格机构买家的人员根据证券法的 144A 规则提供和销售这些证券，并向美国以外的非美国人士根据证券法的 S 条款提供和销售。</p>
</div><p>This news release shall not constitute an offer to sell, or the solicitation of an offer to buy, any of these securities or any other securities, nor shall there be any sale of these securities or any other securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful.</p>
<div class="lb-trans"><p>本新闻稿不构成出售任何这些证券或其他证券的要约，也不构成购买任何这些证券或其他证券的要约请求，也不应在任何此类要约、请求或销售在任何州或司法管辖区内是非法的情况下进行这些证券或其他证券的销售。</p>
</div><p><strong>About Par Pacific</strong></p>
<div class="lb-trans"><p><strong>关于 Par Pacific</strong></p>
</div><p>Par Pacific Holdings, Inc. (NYSE and NYSE Texas: PARR), headquartered in Houston, Texas, is a growing energy company providing both renewable and conventional fuels to the western United States. Par Pacific owns and operates 219,000 bpd of combined refining capacity across four locations in Hawaii, the Pacific Northwest and the Rockies, and an extensive energy infrastructure network, including 13 million barrels of storage, and marine, rail, rack, and pipeline assets. In addition, Par Pacific operates the Hele retail brand in Hawaii and the “nomnom” convenience store chain in the Pacific Northwest. Par Pacific also owns 46% of Laramie Energy, LLC, a natural gas production company with operations and assets concentrated in Western Colorado.</p>
<div class="lb-trans"><p>Par Pacific Holdings, Inc.（纽约证券交易所及纽约证券交易所德克萨斯州：PARR）总部位于德克萨斯州休斯顿，是一家不断发展的能源公司，为美国西部提供可再生和传统燃料。Par Pacific 在夏威夷、太平洋西北地区和落基山脉的四个地点拥有并运营 219,000 桶/日的综合炼油能力，以及包括 1300 万桶储存、海洋、铁路、装卸和管道资产在内的广泛能源基础设施网络。此外，Par Pacific 在夏威夷运营 Hele 零售品牌，并在太平洋西北地区运营 “nomnom” 便利店连锁。Par Pacific 还拥有 Laramie Energy, LLC 46% 的股份，该公司是一家天然气生产公司，业务和资产集中在科罗拉多州西部。</p>
</div><p><strong>Forward-Looking Statements</strong></p>
<div class="lb-trans"><p><strong>前瞻性声明</strong></p>
</div><p>This news release includes certain “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to qualify for the “safe harbor” from liability established by the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements include, without limitation, statements about the proposed Offering, the intended use of proceeds therefrom and other aspects of the Offering and the Notes. Forward-looking statements are subject to certain risks, trends and uncertainties, such as the risks and uncertainties detailed in the Company’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other documents that the Company files with the Securities and Exchange Commission. The Company cannot provide assurances that the assumptions upon which these forward-looking statements are based will prove to have been correct. Should any of these risks materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expressed or implied in any forward-looking statements, and investors are cautioned not to place undue reliance on these forward-looking statements, which are current only as of the date of this news release. Except as required by applicable law, the Company does not intend to update or revise any forward-looking statements made herein or any other forward-looking statements as a result of new information, future events or otherwise.</p>
<div class="lb-trans"><p>本新闻稿包含根据证券法第 27A 条和 1934 年证券交易法第 21E 条的定义的某些 “前瞻性声明”，旨在符合 1995 年私人证券诉讼改革法案所建立的责任 “安全港”。除历史事实外的所有声明均为前瞻性声明。前瞻性声明包括但不限于关于拟议发行、预期收益的使用及发行和债券的其他方面的声明。前瞻性声明受到某些风险、趋势和不确定性的影响，例如公司在其 10-K 表格年度报告、10-Q 表格季度报告及公司向证券交易委员会提交的其他文件中详细说明的风险和不确定性。公司无法保证这些前瞻性声明所基于的假设将被证明是正确的。如果这些风险中的任何一个实现，或基本假设被证明不正确，实际结果可能与任何前瞻性声明中表达或暗示的结果有重大差异，投资者被警告不要对这些前瞻性声明过度依赖，这些声明仅在本新闻稿日期时有效。除非适用法律要求，公司不打算更新或修订本声明中或因新信息、未来事件或其他原因而作出的任何前瞻性声明。</p>
</div><p><strong>Investor Contact:</strong></p>
<div class="lb-trans"><p><strong>投资者联系：</strong></p>
</div><p>Ashimi Patel Vitter</p>
<div class="lb-trans"><p>Ashimi Patel Vitter</p>
</div><p>VP, Investor Relations &amp; Sustainability</p>
<div class="lb-trans"><p>副总裁，投资者关系与可持续发展</p>
</div><p>(832) 916-3355</p>
<div class="lb-trans"><p>（832）916-3355</p>
</div><p>apatel@parpacific.com</p>
<div class="lb-trans"><p>apatel@parpacific.com</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://www.globenewswire.com/newsroom/ti/query-bmY9T1RjeE56TTNOQ00zTlRrMU16TXhJekl3TURneU9EVT0" alt="" original-src="https://www.globenewswire.com/newsroom/ti?nf=OTcxNzM3NCM3NTk1MzMxIzIwMDgyODU="/></p>
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Par Pacific 宣布私募发行 5 亿美元的高级票据 | PARR 股票新闻