Market Exclusive

HOLLYFRONTIER CORPORATION (NYSE:HFC) Files An 8-K Regulation FD Disclosure

HOLLYFRONTIER CORPORATION (NYSE:HFC) Files An 8-K Regulation FD Disclosure
Item 7.01Regulation FD Disclosure.

On February 1, 2019, HollyFrontier Corporation (“HollyFrontier”) issued a press release announcing that subsidiaries of HollyFrontier LSP Holdings LLC, a wholly-owned subsidiary of HollyFrontier, completed the previously announced acquisition of 50% of the issued and outstanding capital stock of Sonneborn US Holdings Inc. and 50% of the membership rights in Sonneborn Coöperatief U.A., for cash consideration of $655 million, including working capital with an estimated value of $72 million (the “Acquisition”).

A copy of the press release announcing the closing of the Acquisition is attached as Exhibit 99.1 hereto.

The information provided in this Item 7.01 and the accompanying Exhibit 99.1 shall not deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be incorporated by reference in any filing made by HollyFrontier to the Securities Act of 1933, as amended, other than to the extent that such filing incorporates by reference any or all of such information by express reference thereto.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

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HollyFrontier Corp Exhibit
EX-99.1 2 silverpressreleaseclose-re.htm EXHIBIT 99.1 Exhibit February 1,…
To view the full exhibit click here

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.

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