Cvr energy announces pricing of private placement of $600 million of 8.500% senior notes due 2029

Sugar land, texas, dec. 08, 2023 (globe newswire) -- cvr energy, inc. (the “company” or “cvr energy”) (nyse: cvi) announced today the pricing of its private placement (the “offering”) pursuant to rule 144a and regulation s under the securities act of 1933, as amended (the “securities act”), of $600 million in aggregate principal amount of 8.500% senior unsecured notes due 2029 (the “notes”). the notes mature on january 15, 2029, and will be issued at par. the notes will 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. the offering is expected to close on december 21, 2023, subject to customary closing conditions.
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