trending Market Intelligence /marketintelligence/en/news-insights/trending/hTObkCBQ_ZkM5o7goMYRgA2 content esgSubNav
In This List

Valero Energy grosses $1.25 billion from debt offering

Video

According to Market Intelligence, February 2023

Podcast

Private Markets 360° | Episode 2: ESG maturity in private markets (with Josh Green of Novata)

Blog

Insight Weekly: M&A players predict 2023 activity; SPAC IPOs dip; 2022 capacity retirements up

The Cobalt Expansion Drive Is A Copper Story


Valero Energy grosses $1.25 billion from debt offering

Valero Energy Corp. raised gross proceeds of $1.25 billion from an offering of 3.400% senior unsecured notes due Sept. 15, 2026.

The company plans to use the proceeds for general corporate purposes or working capital and redemption or repayment of debt securities.

Barclays Capital Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Mizuho Securities USA LLC, Morgan Stanley & Co. LLC, MUFG Securities Americas Inc., RBC Capital Markets LLC and Wells Fargo Securities LLC were the lead underwriters.

BNP Paribas Securities Corp., Credit Suisse Securities (USA) LLC, Lloyds Securities Inc., Merrill Lynch Pierce Fenner & Smith Inc., PNC Capital Markets LLC, Scotia Capital (USA) Inc., SMBC Nikko Securities America Inc., SunTrust Robinson Humphrey Inc., TD Securities (USA) LLC and U.S. Bancorp Investments Inc. also served as underwriters for the offering.