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HF Sinclair Redeems $195 Million in Senior Notes

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HF Sinclair Redeems $195 Million in Senior Notes

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The latest update is out from HF Sinclair Corporation ( (DINO) ).

On February 11, 2025, HF Sinclair Corporation announced the redemption of $195 million of its outstanding 5.875% Senior Notes due 2026, scheduled for February 21, 2025. This strategic move is funded by proceeds from a recent $1.4 billion senior notes offering, aimed at optimizing the company’s financial structure by ceasing interest accrual on the redeemed notes post-redemption date, thus ceasing all rights for note holders except to receive the redemption price.

More about HF Sinclair Corporation

HF Sinclair Corporation, based in Dallas, Texas, is an independent energy company that produces and markets high-value light products such as gasoline, diesel fuel, jet fuel, renewable diesel, and lubricants. The company operates refineries in Kansas, Oklahoma, New Mexico, Wyoming, Washington, and Utah, and markets its products primarily in the Southwest U.S., the Rocky Mountains, and the Pacific Northwest. HF Sinclair also engages in petroleum transportation, terminalling, storage, and exports products to over 80 countries.

YTD Price Performance: 7.23%

Average Trading Volume: 2,255,801

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $6.82B

For a thorough assessment of DINO stock, go to TipRanks’ Stock Analysis page.

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