HF Sinclair offers to buy up to $900M in debt securities from itself and HollyFrontier.

HF Sinclair Corporation has launched a cash tender offer to buy up to $900 million in debt securities, including its own notes and those from HollyFrontier Corporation. The offer, managed by BofA Securities and Citigroup, allows holders to tender their notes before February 7, 2025, with an early tender deadline of January 23, 2025, for better consideration. This move is part of the company's financial strategy.