trending Market Intelligence /marketintelligence/en/news-insights/trending/cyiwtqlbi0bbff5bwv_beq2 content esgSubNav
In This List

Valero Energy prices $750M senior notes offering

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Using ESG Analysis to Support a Sustainable Future

Research

US utility commissioners: Who they are and how they impact regulation

Blog

Q&A: Datacenters: Energy Hogs or Sustainability Helpers?


Valero Energy prices $750M senior notes offering

Valero Energy Corp. on May 17 priced a public offering of $750 million aggregate principal amount of 4.350% senior notes due 2028.

The company intends to use proceeds from the offering for general corporate purposes, which may include funding of the redemption of $750 million aggregate principal amount of its 9.375% senior notes due 2019.

The offering is expected on close on June 1.

Merrill Lynch Pierce Fenner & Smith Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and Wells Fargo Securities LLC served as joint book-running managers for the notes