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Par Pacific amends term loan to reduce borrowing costs

Story Highlights
  • Par Pacific cut term loan margins by 50 basis points, reducing interest costs.
  • Hawaii Renewables secured a $25 million LC facility and expanded collateral to support feedstock purchases and hedging.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Par Pacific amends term loan to reduce borrowing costs

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Par Pacific Holdings ( (PARR) ) has provided an update.

On December 17, 2025, Par Pacific Holdings, Inc. and its affiliates amended their existing term loan credit agreement, securing a 50-basis-point reduction in the applicable margin so that base rate and SOFR loans now bear interest at the base rate plus 2.25% and 3.25%, respectively, which should lower borrowing costs and modestly improve the company’s financing profile. Separately, on December 16, 2025, its renewable fuels joint venture Hawaii Renewables, LLC entered into an uncommitted $25 million letter of credit facility with Wells Fargo to support payments to crude oil and soybean oil suppliers and executed an amended and restated pledge and security agreement that expands and refines the collateral granted to Wells Fargo, tightening the security structure around derivatives and letter of credit obligations and reinforcing the financial framework for the venture’s feedstock procurement.

The most recent analyst rating on (PARR) stock is a Hold with a $49.00 price target. To see the full list of analyst forecasts on Par Pacific Holdings stock, see the PARR Stock Forecast page.

Spark’s Take on PARR Stock

According to Spark, TipRanks’ AI Analyst, PARR is a Outperform.

Par Pacific Holdings’ overall score is driven by strong earnings performance and undervaluation, despite financial challenges related to leverage and cash flow. Technical indicators support a positive trend, while strategic initiatives in renewable energy provide growth potential.

To see Spark’s full report on PARR stock, click here.

More about Par Pacific Holdings

Par Pacific Holdings, Inc. operates in the energy sector, with activities that include petroleum and related products, and it is also developing a presence in renewable fuels through its Hawaii Renewables, LLC joint venture, which sources crude oil and soybean oil for its operations.

Average Trading Volume: 1,175,763

Technical Sentiment Signal: Buy

Current Market Cap: $1.94B

Find detailed analytics on PARR stock on TipRanks’ Stock Analysis page.

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