Valero Energy Announces Pricing Of Notes Offering

(RTTNews) - Valero Energy Corp. (VLO) announced that it has priced a public offering of $600 million aggregate principal amount of 3.65% senior notes due 2025 and $650 million aggregate principal amount of 4.90% senior notes due 2045. The offering is expected to close on March 13, 2015, subject to customary closing conditions.

Valero intends to use the net proceeds from the offering for general corporate purposes.

Citigroup Global Markets Inc., Barclays Capital Inc., Mitsubishi UFJ Securities (USA), Inc., Wells Fargo Securities, LLC, BNP Paribas Securities Corp., Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC and Mizuho Securities USA Inc. acted as joint book-running managers for the 2025 notes.

Citigroup Global Markets Inc., Barclays Capital Inc., Mitsubishi UFJ Securities (USA), Inc., Wells Fargo Securities, LLC, J.P. Morgan Securities LLC, Mizuho Securities USA Inc., Morgan Stanley & Co. LLC and RBC Capital Markets, LLC acted as joint book-running managers for the 2045 notes.