CVR Energy Announces Issuance Of Redemption Notice For 10 7/8%
Second Lien Senior Secured Notes Due 2017
SUGAR LAND, Texas, Jan. 23, 2013 /PRNewswire/ -- CVR Energy, Inc.
(NYSE: CVI) announced today that its subsidiaries, Coffeyville
Resources, LLC ("CRLLC") and Coffeyville Finance Inc. (together
with CRLLC, the "Issuers"), have issued a redemption notice for the
redemption in cash of all of their $222,750,000 outstanding 10 7/8% Second Lien
Senior Secured Notes due 2017 (the "Notes"). On February 22, 2013 (the "Redemption Date"), the
Issuers will redeem all Notes then outstanding at a redemption
price of 100% of the principal amount thereof, plus an applicable
premium (as defined in the indenture governing the Notes), plus
accrued and unpaid interest to, but not including, the Redemption
Date.
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About CVR Energy, Inc.
Headquartered in Sugar Land, Texas, CVR Energy is a diversified
holding company primarily engaged in the petroleum refining and
nitrogen fertilizer manufacturing industries through its holdings
in two limited partnerships, CVR Refining, LP and CVR Partners, LP.
CVR Energy subsidiaries serve as the general partner and own a
majority of the common units representing limited partner interests
of CVR Refining and CVR Partners.
Forward-Looking Statements
This news release contains
forward-looking statements, including without limitation including
statements related to the redemption. You can generally identify
forward-looking statements by our use of forward-looking
terminology such as "anticipate," "believe," "continue," "could,"
"estimate," "expect," "explore," "evaluate," "intend," "may,"
"might," "plan," "potential," "predict," "seek," "should," or
"will," or the negative thereof or other variations thereon or
comparable terminology. These forward-looking statements are only
predictions and involve known and unknown risks and uncertainties,
many of which are beyond our control. These risks and uncertainties
may include, but are not limited to, the risk factors and other
disclosures included in our Annual Report on Form 10-K for the year
ended Dec. 31, 2011, and any
subsequently filed quarterly reports on Form 10-Q. These risks may
cause our actual results, performance or achievements to differ
materially from any future results, performance or achievements
expressed or implied by these forward-looking statements. Given
these risks and uncertainties, you are cautioned not to place undue
reliance on such forward-looking statements. The forward-looking
statements included in this news release are made only as of the
date hereof.
For further information, please contact:
Investor Relations:
Jay
Finks
CVR Energy, Inc.
281-207-3588
InvestorRelations@CVREnergy.com
Media Relations:
Angie
Dasbach
CVR Energy, Inc.
913-982-0482
MediaRelations@CVREnergy.com
SOURCE CVR Energy, Inc.