Par Pacific Announces Term Loan Repricing

Company Overview - Par Pacific Holdings, Inc. is an energy company based in Houston, Texas, providing both renewable and conventional fuels to the western United States [2] - The company operates a combined refining capacity of 219,000 barrels per day across four locations in Hawaii, the Pacific Northwest, and the Rockies [2] - Par Pacific has an extensive energy infrastructure network, including 13 million barrels of storage and various transportation assets [2] - The company operates the Hele retail brand in Hawaii and the "nomnom" convenience store chain in the Pacific Northwest [2] - Par Pacific holds a 46% stake in Laramie Energy, LLC, a natural gas production company focused on Western Colorado [2] Financial Update - Par Pacific announced a repricing of its existing term loan credit agreement due 2030, which is expected to close around December 17, 2025 [1] - The repricing amendment will reduce the Applicable Margin under the Term Loan Facility by 50 basis points, resulting in interest rates of 2.25% for Base Rate loans and 3.25% for SOFR loans [1]