FX.co ★ Valero Energy Prices Public Offering Of $650 Mln Of 5.150% Senior Notes Due 2030

Valero Energy Corporation (VLO) has announced the pricing of a public offering, comprising $650 million in total principal of 5.150% Senior Notes due in 2030. This offering is anticipated to finalize on February 7, 2025. Valero has stated its intention to allocate the net proceeds from this offering for general corporate purposes. These include repaying, repurchasing, or redeeming its currently outstanding 3.650% Senior Notes and 2.850% Senior Notes, both maturing in 2025.