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PBF Energy (PBF) IPO Opens Higher

December 13, 2012 9:48 AM EST Send to a Friend
The IPO for PBF Energy (NYSE: PBF) opened at $28 per share after pricing 20.5 million shares at $26.

The joint bookrunning managers of the offering were Citigroup, Morgan Stanley, Credit Suisse and Deutsche Bank Securities. UBS Investment Bank, Barclays and Wells Fargo Securities acted as senior co-managers.

PBF Energy is one of the largest independent refiners in North America, operating oil refineries and related facilities in Delaware City, Delaware, Paulsboro, New Jersey and Toledo, Ohio. Our mission is to operate our facilities in a safe, reliable and environmentally sensitive manner, provide employees with a safe and rewarding workplace, become a positive influence in the communities where we do business, and provide superior returns to our investors.




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