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Legal News

Cahill Represents Underwriter in Common Stock Offering for PBF Energy Inc.

Date: 08/14/18

Cahill represented the underwriter in connection with a primary offering of 6,000,000 shares of common stock of PBF Energy Inc. (NYSE: PBF), priced at $48.45 per share, resulting in gross proceeds of $290,700,000 before underwriting discounts and commissions. The underwriters will have a 30-day option to purchase up to an additional 900,000 shares of common stock from PBF Energy Inc. Proceeds from the offering are intended to be used to purchase newly issued PBF LLC Series C Units from PBF LLC.