Par Pacific Holdings Reduces Term Loan Interest Margin in Amended Credit Agreement with Wells Fargo

Reuters12-20
<a href="https://laohu8.com/S/PARR">Par Pacific</a> Holdings Reduces Term Loan Interest Margin in Amended Credit Agreement with <a href="https://laohu8.com/S/EOD">Wells Fargo</a>

Par Pacific Holdings Inc. has entered into Amendment No. 3 to its existing Term Loan Credit Agreement with Wells Fargo Bank, National Association, as administrative agent, and other lenders. The amendment, dated December 17, 2025, reduces the applicable interest rate margin on the term loan by 50 basis points, resulting in base rate loans and SOFR loans now bearing interest at the base rate plus 2.25% and 3.25%, respectively. Additionally, Par Pacific's joint venture, Hawaii Renewables, LLC, entered into a new uncommitted letter of credit facility agreement with Wells Fargo, allowing for the issuance of up to $25 million in letters of credit to support payments for crude oil and soybean oil supplies.

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