PBF Energy Announces Public Offering of its Class A Common Stock

Go back to PBF Energy Announces Public Offering of its Class A Common Stock

PBF Energy (PBF) Prices 10M Common Stock Offering at $31/Share

October 7, 2015 6:26 AM EDT

PBF Energy (NYSE: PBF) announced that it has priced its previously announced underwritten public offering (the Offering) of 10,000,000 shares of its Class A common stock at $31.00 per share. The underwriters of the Offering have a 30-day option to purchase up to 1,500,000 additional shares. The Offering is expected to close on October 13, 2015, subject to customary closing conditions.

PBF expects to use the net proceeds from the Offering to fund a portion of the purchase... More