NYSE:PARROil and Gas
Par Pacific (PARR) Refines Capital Structure With New Notes Issue Is Its Risk Profile Quietly Shifting?
Par Pacific Holdings, Inc. recently completed a US$500 million private placement of 7.375% senior unsecured notes due June 1, 2034, alongside amendments to expand and extend its asset-based revolving credit facility, while also reporting first-quarter 2026 results with higher sales and a swing to net income versus the prior year.
At the same time, the company has been active in reshaping its capital structure through debt refinancing and share repurchases, choices that interact directly with...