Media Contact:
Michelle Murray
Director of Marketing & Communications
Phone: 212.701.3614
Fax: 212.378.2410
mmurray@cahill.com

Legal News

Cahill Represents Initial Purchasers in $350 Million Notes Offering by PBF Logistics

Date: 05/12/15

Cahill represented Deutsche Bank Securities and Citigroup as joint global coordinators and bookrunners; BofA Merrill Lynch, MUFG, RBC Capital Markets, and Wells Fargo Securities as joint book-running managers; and the co-managers in connection with the Rule 144A offering of $350,000,000 aggregate principal amount of 6.875% Senior Notes due 2023 of PBF Logistics LP and PBF Logistics Finance Corporation, subsidiaries of PBF Energy. Proceeds from the offering were used to repay a portion of the outstanding balance under its revolving credit facility, to pay a portion of the cash consideration payable by PBF Logistics in the pending acquisition of the Delaware City Products Pipeline and Truck Rack from PBF Energy, and for general partnership purposes.

Media Contact:
Michelle Murray
Director of Marketing & Communications
Phone: 212.701.3614
Fax: 212.378.2410
mmurray@cahill.com