The Online Investor
OLI Premium
Retiree Portfolio
Stock Option Ideas
Preferred Stock Newsletter
ChartZero.com
ChartZero

Slideshow Secondary Stock Offerings

By The Online Investor Staff, updated Sun., Aug. 28, 8:03 AM

Slide #18. PBF Logistics LP Secondary Offering

Company: PBF Logistics LP (NYSE:PBFX)
Date announced: 8/11/2016
Shares Offered: 4,000,000
Date of Pricing: 8/12/2016
Price Per Share: $20.15
Secondary Offering Details: PBF Logistics LP (NYSE:PBFX, the "Partnership") announced the commencement of a registered underwritten public offering of 4,000,000 common units representing limited partner interests in the Partnership pursuant to an effective shelf registration statement on Form S-3 previously filed with the Securities and Exchange Commission (the "SEC"). The underwriter will be granted a 30-day option to purchase up to 600,000 additional common units. -updated 8/12- PBF Logistics LP (NYSE: PBFX, the "Partnership") announced today that its previously announced registered underwritten public offering of 4,000,000 common units representing limited partner interests has been priced for total gross proceeds of approximately $80,600,000. The underwriter has offered the common units at prevailing market prices or otherwise from time to time through the New York Stock Exchange, in the over-the-counter-market or through negotiated transactions. The underwriter has a 30-day option to purchase up to 600,000 additional common units. The offering is expected to close on August 17, 2016, subject to customary closing conditions.

PBF Logistics is a limited partnership formed to own or lease, operate, develop and acquire crude oil and refined petroleum products terminals, pipelines, storage facilities and similar logistics assets. Co. receives, handles and transfers crude oil from sources located throughout the U.S. and Canada and stores crude oil, refined products and intermediates for PBF Energy Inc. in support of its refineries located in Toledo, OH, Delaware City, DE and Paulsboro, NJ. As of Dec 31 2015, Co.'s business consisted of two operating segments: transportation and terminaling segment, and storage segment.
Open the PBFX Page at The Online Investor »

Company Name:  PBF Logistics LP
Website:  www.pbflogistics.com
Sector:  Oil & Gas Refining & Marketing
 

Open the PBFX Page at The Online Investor (in a new window) »

August 28, 2016    8:03 AM Eastern
Quotes delayed 20 minutes


Secondary Stock Offerings | www.TheOnlineInvestor.com | Copyright © 1998 - 2016, All Rights Reserved

Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.