trending Market Intelligence /marketintelligence/en/news-insights/trending/BPMbSGDwyQnG1lfmEtt0kA2 content esgSubNav
In This List

Valero prices $1B public notes offering

Blog

Funding Social and Affordable Housing: A Credit Perspective

Blog

Global M&A By the Numbers: Q2 2021

Blog

Global Capital Markets & SPAC Activity – H1 2021

Blog

Over 150 state-level energy-related measures enacted during Q2'21


Valero prices $1B public notes offering

Valero Energy Corp. on March 21 priced a public offering of $1 billion of its 4% senior notes due 2029.

The company plans to use the proceeds for general corporate purposes, which could include funding the redemption of its $850 million 6.125% senior notes due 2020.

The offering is expected to close March 25, subject to customary closing conditions.

Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Mizuho Securities USA LLC and MUFG Securities Americas Inc. acted as joint book-running managers for the notes.