Market Overview

PBF Energy Prices 15M Share Offering at $28.00/Share

PBF Energy (NYSE: PBF) announced today the pricing of
an underwritten secondary offering (the “Offering”) of 15,000,000 shares
of its Class A common stock by funds affiliated with First Reserve
Management, L.P. and The Blackstone Group (the “Selling Stockholders”)
at a price to the public of $28.00 per share pursuant to PBF Energy's
shelf registration statement previously filed with the Securities and
Exchange Commission. The Selling Stockholders will receive all of the
proceeds from the Offering. The underwriter of the Offering will have an
option to purchase up to 2,250,000 additional shares.

See full press release

Posted-In: News Guidance Offerings Contracts Management IPOs Global

 

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