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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 6, 2010
CVR ENERGY, INC.
(Exact name of registrant as specified in its charter)
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Delaware
(State or other
jurisdiction of
incorporation)
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001-33492
(Commission File Number)
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61-1512186
(I.R.S. Employer
Identification Number) |
2277 Plaza Drive, Suite 500
Sugar Land, Texas 77479
(Address of principal executive offices,
including zip code)
Registrants telephone number, including area code: (281) 207-3200
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions (see General Instruction
A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c)) |
Item 7.01. Regulation FD Disclosure
On April 6, 2010, CVR Energy, Inc. (the Company) issued a press release announcing that its
wholly-owned subsidiaries, Coffeyville Resources, LLC and Coffeyville Finance Inc., have completed
the private offering that was the subject of its March 18, 2010 press release (the Private
Offering). The Private Offering consists of $275 million aggregate principal amount of first lien
senior secured notes due 2015 and $225 million aggregate principal amount of second lien senior
secured notes due 2017. The full text of the press release is attached hereto as Exhibit 99.1 and
is incorporated herein by reference.
The information in Item 7.01 of this Current Report on Form 8-K and Exhibit 99.1 attached
hereto are being furnished pursuant to Item 7.01 of Form 8-K and shall not, except to the extent
required by applicable law or regulation, be deemed filed by the Company for purposes of Section 18
of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that
Section, nor shall any of such information or exhibits be deemed incorporated by reference into any
filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as
amended.
The information filed in this Report pursuant to Item 7.01, including the information
contained in Exhibit 99.1, is neither an offer to sell nor a solicitation of an offer to buy any
security and will not constitute an offer, solicitation or sale in any jurisdiction in which such
offering would be unlawful.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
99.1 |
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Press release dated April 6, 2010, issued by CVR Energy, Inc. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: April 6, 2010
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CVR ENERGY, INC.
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By: |
/s/ Edward Morgan
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Edward Morgan |
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Chief Financial Officer and Treasurer |
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exv99w1
Exhibit 99.1
CVR Energy Closes Private Placement of
$275 Million of First Lien Senior Secured Notes And
$225 Million of Second Lien Senior Secured Notes
SUGAR LAND, Texas (April 6, 2010) CVR Energy, Inc. (NYSE: CVI) announced that its wholly-owned
subsidiaries, Coffeyville Resources, LLC and Coffeyville Finance Inc., have completed an offering
of $275 million aggregate principal amount of first lien senior secured notes due 2015 and $225
million aggregate principal amount of second lien senior secured notes due 2017. The notes were
sold to qualified institutional buyers in the United States pursuant to Rule 144A under the
Securities Act of 1933, as amended.
The company intends to use the net proceeds of the offering to repay $453.3 million of term loan
indebtedness outstanding under the first priority credit facility and related fees and expenses,
with the balance to be used for general corporate purposes.
The notes have been guaranteed by each of the companys subsidiaries that guarantee the first
priority credit facility and are secured by liens on substantially all of the assets which secure
the companys first priority credit facility.
The notes have not been registered under the U.S. Securities Act of 1933, as amended, or any state
securities laws, and may not be offered or sold in the United States absent registration or an
applicable exemption from the registration requirements.
This announcement does not constitute an offer to sell or the solicitation of an offer to buy any
security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such
offering would be unlawful. This notice is being issued pursuant to and in accordance with Rule
135(c) under the Securities Act.
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About CVR Energy, Inc.
Headquartered in Sugar Land, Texas, CVR Energy, Inc.s subsidiaries and affiliated businesses
include an independent refiner that operates a 115,000 barrel per day refinery in Coffeyville,
Kan., and markets high value transportation fuels supplied to customers through tanker trucks and
pipeline terminals; a crude oil gathering system serving central Kansas, Oklahoma, eastern
Colorado, western Missouri and southwestern Nebraska; a refined fuels and asphalt storage and
terminal business in Phillipsburg, Kan.; and through a limited partnership, an ammonia and urea
ammonium nitrate fertilizer business located in Coffeyville, Kan.
For further information, please contact:
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Investor Relations:
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Media Relations: |
Stirling Pack, Jr.
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Steve Eames |
CVR Energy, Inc.
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CVR Energy, Inc. |
281-207-3464
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281-207-3550 |
InvestorRelations@CVREnergy.com
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MediaRelations@CVREnergy.com |