Cahill Represents UBS in Common Stock Offering by PBF Logistics

April 5, 2016

Cahill represented UBS Investment Bank as sole book-running manager in connection with a public offering by PBF Logistics (NYSE: PBFX), resulting in gross proceeds of $52,210,000. The offering made available 2,875,000 shares of common stock, including the exercise of the underwriters’ over-allotment option.  Proceeds from the transaction will be used, in part, to fund a portion of PBF’s acquisition of four refined product terminals located in the greater Philadelphia region from an affiliate of Plains All American Pipeline, L.P.