HOLLYFRONTIER CORPORATION (NASDAQ:HFC) Files An 8-K Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure.
On December 30, 2016, HollyFrontier Corporation (the Company)
issued a press release providing updates on fourth quarter
refinery maintenance at its subsidiaries refineries. A copy of
the Companys press release is attached hereto as Exhibit 99.1 and
incorporated in this Item 7.01 in its entirety.
issued a press release providing updates on fourth quarter
refinery maintenance at its subsidiaries refineries. A copy of
the Companys press release is attached hereto as Exhibit 99.1 and
incorporated in this Item 7.01 in its entirety.
The information contained in, or incorporated into, this Item
7.01 is being furnished and shall not be deemed filed for the
purposes of Section 18 of the Securities Exchange Act of 1934, as
amended, or otherwise subject to the liabilities of that section,
nor shall it be deemed incorporated by reference into any
registration statement or other filing under the Securities Act
of 1933, as amended, except as shall be expressly set forth by
specific reference to such filing.
7.01 is being furnished and shall not be deemed filed for the
purposes of Section 18 of the Securities Exchange Act of 1934, as
amended, or otherwise subject to the liabilities of that section,
nor shall it be deemed incorporated by reference into any
registration statement or other filing under the Securities Act
of 1933, as amended, except as shall be expressly set forth by
specific reference to such filing.
Item 8.01 Other Events.
On November 21, 2016, the Company voluntarily paid off its
$350>million Senior Unsecured 3-Year Term Loan Agreement,
dated as of April 28, 2016, by and among the Company, as
borrower, Toronto Dominion (Texas) LLC, as administrative agent
(the Agent), and each of the financial institutions party thereto
as lenders (as amended, restated, supplemented or otherwise
modified, the Term Loan Agreement), as amended by that certain
Amendment No. 1 to Term Loan Agreement, dated as of November 14,
2016, by and among the Company, as borrower, the Agent, as
administrative agent, and each of the financial institutions
party thereto as lenders (the Amendment).
$350>million Senior Unsecured 3-Year Term Loan Agreement,
dated as of April 28, 2016, by and among the Company, as
borrower, Toronto Dominion (Texas) LLC, as administrative agent
(the Agent), and each of the financial institutions party thereto
as lenders (as amended, restated, supplemented or otherwise
modified, the Term Loan Agreement), as amended by that certain
Amendment No. 1 to Term Loan Agreement, dated as of November 14,
2016, by and among the Company, as borrower, the Agent, as
administrative agent, and each of the financial institutions
party thereto as lenders (the Amendment).
The Term Loan Agreement had a term of three years, maturing on
April 28, 2019, and was a senior unsecured term loan. Once
repaid, amounts borrowed under the Term Loan Agreement could not
be reborrowed. The Term Loan Agreement was available to fund
general corporate purposes. The Company was permitted to prepay
all loans under the Term Loan Agreement at any time without
penalty, except for payment of certain breakage and related
costs.
April 28, 2019, and was a senior unsecured term loan. Once
repaid, amounts borrowed under the Term Loan Agreement could not
be reborrowed. The Term Loan Agreement was available to fund
general corporate purposes. The Company was permitted to prepay
all loans under the Term Loan Agreement at any time without
penalty, except for payment of certain breakage and related
costs.
The foregoing description of the Term Loan Agreement does not
purport to be complete and is qualified in its entirety by
reference to the full text of the Term Loan Agreement, a copy of
which was attached as Exhibit 10.1 to the Companys Current Report
on Form 8-K filed on April 28, 2016, and the Amendment, a copy of
which was attached as Exhibit 10.1 to the Companys Current Report
on Form 8-K filed on November 16, 2016.
purport to be complete and is qualified in its entirety by
reference to the full text of the Term Loan Agreement, a copy of
which was attached as Exhibit 10.1 to the Companys Current Report
on Form 8-K filed on April 28, 2016, and the Amendment, a copy of
which was attached as Exhibit 10.1 to the Companys Current Report
on Form 8-K filed on November 16, 2016.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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Exhibit No.
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Description
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99.1
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Press Release of the Company issued December 30, 2016.*
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* Furnished herewith.
