...January 8, 2025 NEW YORK (S&P Global Ratings) Jan. 8, 2025--S&P Global Ratings assigned its '###-' issue-level ratings to HF Sinclair Corp.'s (d/b/a DINO) proposed senior unsecured notes due 2031 and 2035. The company intends to use the net proceeds from this offering to repay $350 million in existing borrowings on the Holly Energy Partners revolver and will tender a portion of the existing 2026 and 2027 bonds at HF Sinclair. The transaction is leverage neutral and will improve the weighted average maturity of DINO's capital structure. DINO, headquartered in Dallas, is an independent energy company that produces and markets high-value light products such as gasoline, diesel fuel, jet fuel, renewable diesel and other specialty products. HF Sinclair owns and operates refineries located in Kansas, Oklahoma, New Mexico, Wyoming, Washington, and Utah. HF Sinclair provides petroleum product and crude oil transportation, terminalling, storage and throughput services to its refineries and the petroleum...
