| Issuer / Guarantor | PBF Holding Company LLC |
|---|---|
| Size | USD 500mn |
| Type | Convertible |
| Leads | Wells Fargo, BoA, Citigroup, Barclays |
| Maturity | 15 Jan 2032 (5.3 years) |
| Coupon | 0 - 0.5% |
| Premium | 37.5 - 42.5% |
| Calls | NC3.333; PC @ 130% w table MW |
| Puts | t/o @ 100% |
| Div protection | Ratio adjustment (for excess above threshold) |
| T/o protection | Make-whole table |
| CoCo | 150% to Oct 2031 (5.1 yrs) |
| Announced | 14 Sep 2026 |