Alon USA Energy, Inc. Announces The Filing Of A Registration Statement For An Initial Public Offering Of Its Subsidiary, Alon USA Partners, LP

DALLAS, Sept. 4, 2012 /PRNewswire/ -- Alon USA Energy, Inc. ALJ ("Alon USA") announced today that its subsidiary, Alon USA Partners, LP, a Delaware limited partnership ("Alon Partners"), has filed a registration statement on Form S-1 with the U.S. Securities and  Exchange Commission ("SEC") relating to the proposed initial public offering of common units representing limited partner interests in Alon Partners. Application will be made to list the common units of Alon Partners on the New York Stock Exchange under the symbol "ALDW."  Alon USA intends to use the net proceeds of the offering to reduce its outstanding indebtedness.

Alon Partners was formed by Alon USA to own, operate and grow its strategically located crude oil refinery in Big Spring, Texas, with total throughput capacity of approximately 70,000 barrels per day, and the related petroleum products marketing business.

Goldman, Sachs & Co., Credit Suisse Securities (USA) LLC, and Citigroup Global Markets Inc. are acting as joint book-running managers, and Jefferies & Company, Inc. is acting as lead managing underwriter.

The offering of common units will be made only by means of a prospectus. When available, a written prospectus, which meets the requirements of Section 10 of the Securities Act of 1933, may be obtained through:

Goldman, Sachs & Co.
Attention: Prospectus Department
200 West Street, New York, NY 10282
(866) 471-2526
prospectus-ny@ny.email.gs.com 

Credit Suisse Securities (USA) LLC
Attention:  Prospectus Department
One Madison Avenue
New York, NY 10010
(800) 221-1037
newyork.prospectus@credit-suisse.com 

Citigroup Global Markets Inc.
Attention: Prospectus Department
Brooklyn Army Terminal
140 58th Street, 8th floor
Brooklyn, NY 11220
(800) 831-9146
batprospectusdept@citi.com

When available, to obtain a copy of the preliminary prospectus free of charge, visit the SEC's website and search under the registrant's name, "Alon USA Partners, LP."

A registration statement relating to these securities has been filed with the SEC, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

This press release contains "forward-looking" statements within the meaning of the federal securities laws. These statements contain words such as "anticipate," "assume," "believe," "continue," "could," "estimate," "expect," "future," "intend," and "may" and can be impacted by numerous factors, including the risk that an initial public offering of Alon Partners may not occur, risks relating to the securities markets generally, the impact of adverse market conditions affecting Alon USA's refining and marketing business or Alon Partners' business, adverse changes in laws including with respect to tax and regulatory matters and other risks. There can be no assurance that actual results will not differ from those expected by management of Alon USA or Alon Partners. For more information concerning factors that could affect these statements, see the registration statement relating to these securities and Alon USA's annual report for the year ended December 31, 2011 and its quarterly reports on Form 10-Q for the quarters ended March 31, 2012 and June 30, 2012, each filed with the SEC. Neither Alon USA nor Alon Partners undertake any obligation to update or revise such forward-looking statements to reflect events or circumstances that occur, or which Alon USA or Alon Partners becomes aware of, after the date hereof.

About Alon USA Energy, Inc. 

Alon USA Energy, Inc., headquartered in Dallas, Texas, is an independent refiner and marketer of petroleum products, operating primarily in the South Central, Southwestern and Western regions of the United States. The Company owns four crude oil refineries in Texas, California, Louisiana and Oregon, with an aggregate crude oil throughput capacity of approximately 250,000 barrels per day. Alon USA is a leading producer of asphalt, which it markets through its asphalt terminals predominately in the Western United States. Alon USA is the largest 7-Eleven licensee in the United States and operates approximately 300 convenience stores in Texas and New Mexico. Alon USA markets motor fuel products under the Alon brand name through a network of approximately 625 locations, including Alon USA's convenience stores.

SOURCE Alon USA Energy, Inc.