HOLLYFRONTIER CORPORATION (NYSE:HFC) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01.
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Entry into a Material Definitive Agreement
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borrower, Toronto Dominion (Texas) LLC, as administrative agent
(the Agent), and each of the financial institutions party thereto
as lenders, entered into that certain Amendment No. 1 to Term
Loan Agreement (the Amendment), which amended certain terms of
the Senior Unsecured 3-Year Term Loan Agreement, dated as of
April 28, 2016 (as amended, restated, supplemented or otherwise
modified, the Term Loan Agreement). After giving effect to the
Amendment, the Company is no longer required to prepay the loan
under the Term Loan Agreement upon the Companys issuance of any
bonds, debentures, notes or similar instruments.
to the copy of the Amendment filed as Exhibit 10.1 to this
report, which is incorporated by reference into this report in
its entirety.
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Item 2.03
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Creation of a Direct Financial Obligation or an Obligation
under an Off-Balance Sheet Arrangement of a Registrant |
Item 2.03 by reference.
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Exhibit No.
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Description
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10.1
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Amendment No. 1 to Senior Unsecured 3-Year Term Loan
Agreement, dated as of November 14, 2016, by and among HollyFrontier Corporation, as borrower, Toronto Dominion (Texas) LLC, as administrative agent and the lenders party thereto. |
About HOLLYFRONTIER CORPORATION (NYSE:HFC)
HollyFrontier Corporation (HollyFrontier) is an independent petroleum refiner. The Company produces various refined products, such as gasoline, diesel fuel, jet fuel, specialty lubricant products, and specialty and modified asphalt. The Company operates through two segments: Refining and Holly Energy Partners, L.P. (HEP). The Refining segment includes the operations of the Company’s El Dorado, Tulsa, Navajo, Cheyenne and Woods Cross Refineries and HollyFrontier Asphalt Company (HFC Asphalt). The Company’s refinery operations serve the Mid-Continent, Southwest and Rocky Mountain regions of the United States. The HEP segment involves all of the operations of HEP. HEP is a limited partnership, which owns and operates logistic assets consisting of petroleum product and crude oil pipelines, terminals, tankage, loading rack facilities and refinery processing units that principally support the Company’s refining and marketing operations. HOLLYFRONTIER CORPORATION (NYSE:HFC) Recent Trading Information
HOLLYFRONTIER CORPORATION (NYSE:HFC) closed its last trading session up +0.34 at 27.43 with 3,074,119 shares trading hands.
