[8-K] HF Sinclair Corporation Reports Material Event
HF Sinclair Corporation announced it will redeem all of its outstanding 5.875% Senior Notes due 2026, its 6.375% Senior Notes due 2027 (the 2027 DINO Notes), and all outstanding 6.375% Senior Notes due 2027 issued by wholly owned subsidiaries Holly Energy Partners, L.P. and Holly Energy Finance Corp. The redemption price for the 2026 Notes will be the greater of 100% of principal or a make-whole premium plus accrued interest; the 2027 DINO Notes and 2027 HEP Notes will be redeemed at 101.594% of principal plus accrued interest. The scheduled redemption date is August 30, 2025. A press release dated August 20, 2025 is attached as Exhibit 99.1 and incorporated by reference. The filing clarifies this Current Report is not itself the formal notice of redemption.
HF Sinclair Corporation ha annunciato che riscatterà tutti i suoi 5,875% Senior Notes in scadenza nel 2026, i 6,375% Senior Notes in scadenza nel 2027 (i 2027 DINO Notes) e tutti i 6,375% Senior Notes in scadenza nel 2027 emessi dalle controllate interamente possedute Holly Energy Partners, L.P. e Holly Energy Finance Corp. Il prezzo di riscatto per i titoli 2026 sarà il maggiore tra il 100% del capitale o un premio make-whole più gli interessi maturati; i 2027 DINO Notes e i 2027 HEP Notes saranno riscattati al 101,594% del capitale più interessi maturati. La data prevista per il riscatto è il 30 agosto 2025. Un comunicato stampa datato 20 agosto 2025 è allegato come Exhibit 99.1 e qui incorporato per riferimento. Il documento precisa che il presente Current Report non costituisce di per sé la notifica formale di riscatto.
HF Sinclair Corporation anunció que redimirá la totalidad de sus 5,875% Senior Notes con vencimiento en 2026, sus 6,375% Senior Notes con vencimiento en 2027 (los 2027 DINO Notes) y todos los 6,375% Senior Notes con vencimiento en 2027 emitidos por sus filiales de propiedad total Holly Energy Partners, L.P. y Holly Energy Finance Corp. El precio de redención de los bonos 2026 será el mayor entre el 100% del principal o una prima make-whole más los intereses devengados; los 2027 DINO Notes y los 2027 HEP Notes se redimirán al 101,594% del principal más los intereses devengados. La fecha programada de redención es el 30 de agosto de 2025. Un comunicado de prensa con fecha 20 de agosto de 2025 se adjunta como Exhibit 99.1 y se incorpora por referencia. Este informe actual aclara que no constituye, por sí mismo, la notificación formal de redención.
HF Sinclair Corporation는 2026년 만기 5.875% 선임채권, 2027년 만기 6.375% 선임채권(2027 DINO Notes) 및 전액 출자 자회사인 Holly Energy Partners, L.P.와 Holly Energy Finance Corp.가 발행한 2027년 만기 6.375% 선임채권 전부를 상환(레뎀션)할 것이라고 발표했습니다. 2026년 채권의 상환 가격은 원금의 100% 또는 메이크홀(보상) 프리미엄에 미지급 이자를 더한 금액 중 큰 금액으로 정해지고, 2027 DINO Notes와 2027 HEP Notes는 원금의 101.594%에 미지급 이자를 더한 금액으로 상환됩니다. 예정 상환일은 2025년 8월 30일입니다. 2025년 8월 20일자 보도자료가 Exhibit 99.1로 첨부되어 참조로 포함되어 있습니다. 이 Current Report 자체가 정식 상환 통지는 아님을 명확히 합니다.
HF Sinclair Corporation a annoncé qu'elle procédera au remboursement de l'ensemble de ses 5,875% Senior Notes arrivant à échéance en 2026, de ses 6,375% Senior Notes arrivant à échéance en 2027 (les 2027 DINO Notes), ainsi que de tous les 6,375% Senior Notes arrivant à échéance en 2027 émis par ses filiales en propriété exclusive Holly Energy Partners, L.P. et Holly Energy Finance Corp. Le prix de remboursement des titres 2026 sera le plus élevé entre 100% du principal ou une prime de type make‑whole plus les intérêts courus ; les 2027 DINO Notes et les 2027 HEP Notes seront remboursés à 101,594% du principal plus les intérêts courus. La date prévue de remboursement est le 30 août 2025. Un communiqué de presse daté du 20 août 2025 est joint en tant qu'Exhibit 99.1 et intégré par référence. Le présent rapport précise qu'il ne constitue pas en lui‑même l'avis formel de remboursement.
HF Sinclair Corporation hat angekündigt, alle ausstehenden 5,875% Senior Notes fällig 2026, alle 6,375% Senior Notes fällig 2027 (die 2027 DINO Notes) sowie alle ausstehenden 6,375% Senior Notes fällig 2027, die von den vollkonsolidierten Tochtergesellschaften Holly Energy Partners, L.P. und Holly Energy Finance Corp. begeben wurden, zurückzuzahlen. Der Rückzahlungspreis für die 2026 Notes wird entweder 100% des Kapitals oder eine Make‑Whole‑Prämie zuzüglich aufgelaufener Zinsen betragen, je nachdem, welcher Betrag höher ist; die 2027 DINO Notes und die 2027 HEP Notes werden zu 101,594% des Kapitals zuzüglich aufgelaufener Zinsen zurückgezahlt. Das geplante Rückzahlungsdatum ist der 30. August 2025. Eine Pressemitteilung vom 20. August 2025 ist als Exhibit 99.1 beigefügt und wird hierdurch per Verweis übernommen. Der Bericht stellt klar, dass dieses Current Report selbst nicht die formelle Rückzahlungsanzeige darstellt.
- Full redemption specified for 2026, 2027 DINO, and 2027 HEP notes, removing those obligations if completed
- Redemption prices disclosed, including make-whole treatment for 2026 notes and fixed 101.594% for 2027 notes, giving creditors clarity
- Redemption date provided: August 30, 2025, enabling precise planning for stakeholders
- Current Report is not the formal notice of redemption, so final payment mechanics and trustee instructions are not included
- No financial impact figures (e.g., aggregate principal amounts outstanding, cash required) are provided in the excerpt
Insights
TL;DR: HF Sinclair will retire specific 2026 and 2027 senior notes, specifying redemption prices and an August 30, 2025 redemption date.
The company provides clear terms for redeeming three series of senior notes, including a make-whole option for the 2026 notes and fixed premiums of 101.594% for the 2027 notes. Redeeming these obligations will remove the specified debt from the balance sheet if completed on the stated date. The filing notes an attached press release and states this report is not the formal redemption notice, indicating follow-up documentation will provide the formal mechanics and payment details.
TL;DR: Redemption terms and prices are disclosed; investors now know which notes will be retired and the exact economic treatment.
The disclosure lists redemption mechanics: the 2026 notes redeem at the greater of par or a make-whole premium plus accrued interest, while the 2027 DINO and HEP notes redeem at 101.594% plus accrued interest, with a scheduled redemption date of August 30, 2025. The inclusion of subsidiary-issued HEP notes clarifies corporate-level control over the transaction. The filing’s statement that it is not the formal notice suggests administrative steps remain before payment.
HF Sinclair Corporation ha annunciato che riscatterà tutti i suoi 5,875% Senior Notes in scadenza nel 2026, i 6,375% Senior Notes in scadenza nel 2027 (i 2027 DINO Notes) e tutti i 6,375% Senior Notes in scadenza nel 2027 emessi dalle controllate interamente possedute Holly Energy Partners, L.P. e Holly Energy Finance Corp. Il prezzo di riscatto per i titoli 2026 sarà il maggiore tra il 100% del capitale o un premio make-whole più gli interessi maturati; i 2027 DINO Notes e i 2027 HEP Notes saranno riscattati al 101,594% del capitale più interessi maturati. La data prevista per il riscatto è il 30 agosto 2025. Un comunicato stampa datato 20 agosto 2025 è allegato come Exhibit 99.1 e qui incorporato per riferimento. Il documento precisa che il presente Current Report non costituisce di per sé la notifica formale di riscatto.
HF Sinclair Corporation anunció que redimirá la totalidad de sus 5,875% Senior Notes con vencimiento en 2026, sus 6,375% Senior Notes con vencimiento en 2027 (los 2027 DINO Notes) y todos los 6,375% Senior Notes con vencimiento en 2027 emitidos por sus filiales de propiedad total Holly Energy Partners, L.P. y Holly Energy Finance Corp. El precio de redención de los bonos 2026 será el mayor entre el 100% del principal o una prima make-whole más los intereses devengados; los 2027 DINO Notes y los 2027 HEP Notes se redimirán al 101,594% del principal más los intereses devengados. La fecha programada de redención es el 30 de agosto de 2025. Un comunicado de prensa con fecha 20 de agosto de 2025 se adjunta como Exhibit 99.1 y se incorpora por referencia. Este informe actual aclara que no constituye, por sí mismo, la notificación formal de redención.
HF Sinclair Corporation는 2026년 만기 5.875% 선임채권, 2027년 만기 6.375% 선임채권(2027 DINO Notes) 및 전액 출자 자회사인 Holly Energy Partners, L.P.와 Holly Energy Finance Corp.가 발행한 2027년 만기 6.375% 선임채권 전부를 상환(레뎀션)할 것이라고 발표했습니다. 2026년 채권의 상환 가격은 원금의 100% 또는 메이크홀(보상) 프리미엄에 미지급 이자를 더한 금액 중 큰 금액으로 정해지고, 2027 DINO Notes와 2027 HEP Notes는 원금의 101.594%에 미지급 이자를 더한 금액으로 상환됩니다. 예정 상환일은 2025년 8월 30일입니다. 2025년 8월 20일자 보도자료가 Exhibit 99.1로 첨부되어 참조로 포함되어 있습니다. 이 Current Report 자체가 정식 상환 통지는 아님을 명확히 합니다.
HF Sinclair Corporation a annoncé qu'elle procédera au remboursement de l'ensemble de ses 5,875% Senior Notes arrivant à échéance en 2026, de ses 6,375% Senior Notes arrivant à échéance en 2027 (les 2027 DINO Notes), ainsi que de tous les 6,375% Senior Notes arrivant à échéance en 2027 émis par ses filiales en propriété exclusive Holly Energy Partners, L.P. et Holly Energy Finance Corp. Le prix de remboursement des titres 2026 sera le plus élevé entre 100% du principal ou une prime de type make‑whole plus les intérêts courus ; les 2027 DINO Notes et les 2027 HEP Notes seront remboursés à 101,594% du principal plus les intérêts courus. La date prévue de remboursement est le 30 août 2025. Un communiqué de presse daté du 20 août 2025 est joint en tant qu'Exhibit 99.1 et intégré par référence. Le présent rapport précise qu'il ne constitue pas en lui‑même l'avis formel de remboursement.
HF Sinclair Corporation hat angekündigt, alle ausstehenden 5,875% Senior Notes fällig 2026, alle 6,375% Senior Notes fällig 2027 (die 2027 DINO Notes) sowie alle ausstehenden 6,375% Senior Notes fällig 2027, die von den vollkonsolidierten Tochtergesellschaften Holly Energy Partners, L.P. und Holly Energy Finance Corp. begeben wurden, zurückzuzahlen. Der Rückzahlungspreis für die 2026 Notes wird entweder 100% des Kapitals oder eine Make‑Whole‑Prämie zuzüglich aufgelaufener Zinsen betragen, je nachdem, welcher Betrag höher ist; die 2027 DINO Notes und die 2027 HEP Notes werden zu 101,594% des Kapitals zuzüglich aufgelaufener Zinsen zurückgezahlt. Das geplante Rückzahlungsdatum ist der 30. August 2025. Eine Pressemitteilung vom 20. August 2025 ist als Exhibit 99.1 beigefügt und wird hierdurch per Verweis übernommen. Der Bericht stellt klar, dass dieses Current Report selbst nicht die formelle Rückzahlungsanzeige darstellt.
FAQ
What debt securities is HF Sinclair (DINO) redeeming?
When is the scheduled redemption date for the notes?
What redemption prices does HF Sinclair disclose?
Does this 8-K serve as the formal notice of redemption?
Is there an attached press release with more details?
