Cvr energy announces private placement of $600 million of senior notes

Sugar land, texas, dec. 07, 2023 (globe newswire) -- cvr energy, inc. (the “company” or “cvr energy”) (nyse: cvi) announced today that, subject to market conditions, it intends to offer (the “offering”) for sale in a private placement pursuant to rule 144a and regulation s under the securities act of 1933, as amended (the “securities act”), $600 million in aggregate principal amount of senior unsecured notes due 2029 (the “notes”). the notes are expected to be jointly and severally guaranteed on a senior unsecured basis by certain of the company's domestic subsidiaries, including each of the company's subsidiaries that is a borrower or guarantor under the company's $275 million senior secured asset based revolving credit facility.
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