PBF Energy Prices 15.95M Share Secondary Offering at $27.00/Share

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PBF Energy Inc.
PBF
announced today the pricing of an underwritten public offering of 15,950,000 shares of its Class A Common Stock at a price of $27.00 per share. All of the shares are being sold by funds affiliated with First Reserve Corporation and Blackstone (the “Selling Shareholders”). In addition, the Selling Shareholders have granted the underwriters a 30-day option to purchase up to an additional 2,392,500 shares of Class A Common Stock. PBF Energy will not receive any of the proceeds from the offering. The offering is expected to close on June 12, 2013, subject to satisfaction of customary closing conditions. The joint bookrunning managers of the offering are Citigroup, Morgan Stanley, Credit
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