{
  "id": 8070436,
  "title": "PBF Energy issues $550 million in 0% exchangeable senior notes due 2032",
  "url": "https://urgent.news/2026/09/17/pbf-energy-issues-550-million-in-0-exchangeable-senior-notes-due-2032",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-17T18:02:55.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/sec-filings/pbf-energy-issues-550-million-in-0-exchangeable-senior-notes-due-2032-93CH-4906211"
  },
  "original_language": "en",
  "account": null,
  "summary": "PBF Energy Inc. has issued $550 million in 0% exchangeable senior notes due 2032, alongside PBF Finance Corporation, as part of a $550 million private placement under Rule 144A. The company plans to use the proceeds to fund capped call transactions, redeem outstanding 7.875% senior unsecured notes due 2030, and for general corporate purposes. With a market capitalization of $9.21 billion and a debt-to-equity ratio of 0.39, PBF Energy is currently undervalued, according to InvestingPro analysis.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}