# EDGAR Filing Document

**Accession Number:** 0001915657
**File Stem:** 0001193125-25-182039
**Filing Date:** 2025-8
**Character Count:** 19981
**Document Hash:** d6a6ed987924d038f8229cfc9a2a38f2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-182039.hdr.sgml**: 20250818

**ACCESSION NUMBER**: 0001193125-25-182039

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20250815

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250818

**DATE AS OF CHANGE**: 20250815

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HF Sinclair Corp
- **CENTRAL INDEX KEY:** 0001915657
- **STANDARD INDUSTRIAL CLASSIFICATION:** PIPE LINES (NO NATURAL GAS) [4610]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 872092143
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41325
- **FILM NUMBER:** 251226141

**BUSINESS ADDRESS:**
- **STREET 1:** 2323 VICTORY AVENUE
- **STREET 2:** SUITE 1400
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75219
- **BUSINESS PHONE:** 214-954-6696

**MAIL ADDRESS:**
- **STREET 1:** 2323 VICTORY AVENUE
- **STREET 2:** SUITE 1400
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75219

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Hippo Parent Corp
- **DATE OF NAME CHANGE:** 20220307

?xml version='1.0' encoding='ASCII'? 8-K

### 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): August 15, 2025

## HF SINCLAIR CORPORATION

#### (Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Delaware** | **001-41325** | **87-2092143** |
| **(State or other jurisdiction**<br> **of incorporation)** | **(Commission**<br> **File Number)** | **(IRS. Employer**<br> **Identification Number)** |

---

---

| | |
|:---|:---|
| **2323 Victory Ave., Suite 1400**<br> **Dallas, TX** | **75219** |
| **(Address of principal executive offices)** | **(Zip Code)** |

---

#### Registrant's telephone number, including area code: (214) 871-3555

#### Not Applicable

#### (Former name or former address, if changed since last report)
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:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

#### Securities registered pursuant to 12(b) of the Securities Exchange Act of 1934:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading**<br> **Symbol(s)** | **Name of each exchange**<br> **on which registered** |
| Common Stock $0.01 par value | DINO | New York Stock Exchange |
| Common Stock $0.01 par value | DINO | NYSE Texas, Inc. |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

------

---

| | |
|:---|:---|
| **Item 8.01.** | **Other Events.**  |

---

On August 15, 2025, HF Sinclair Corporation (the "Corporation") issued (i) a press release announcing the pricing terms of its cash tender offer (the "Tender Offer") to purchase any and all of the Corporation's 5.875% Senior Notes due 2026 and 6.375% Senior Notes due 2027, and (ii) a press release announcing the final results and expiration of the Tender Offer. Copies of the press releases are filed as Exhibit 99.1 and Exhibit 99.2, respectively, to this report and are incorporated by reference herein.

---

| | |
|:---|:---|
| **Item 9.01.** | **Financial Statements and Exhibits.**  |

---

(d) Exhibits

---

| | |
|:---|:---|
| **Exhibit<br>Number** | **Description** |
| 99.1 | [Press Release of the Corporation issued August 15, 2025, announcing the pricing terms of the Tender Offer.](d846371dex991.htm) |
| 99.2 | [Press Release of the Corporation issued August 15, 2025, announcing the final results and expiration of the Tender Offer.](d846371dex992.htm) |
| 104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document). |

---

------

#### 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 thereunto duly authorized.

---

| |
|:---|
| **HF SINCLAIR CORPORATION** |
| By: <u>/s/ Atanas H. Atanasov</u> |
| Atanas H. Atanasov |
| Executive Vice President and Chief Financial Officer |

---

Date: August 15, 2025

## Exhibit 99.1

**Exhibit 99.1** 

**HF Sinclair Announces Pricing Terms of Cash Tender Offer for Debt Securities** 

DALLAS, August 15, 2025 — HF Sinclair Corporation (NYSE and NYSE Texas: DINO) (the "Corporation") today announced the pricing terms for its previously announced cash tender offer (the "Tender Offer") to purchase any and all of its outstanding notes listed in the table below (collectively, the "Notes" and each a "Series" of Notes). All other terms and conditions of the Tender Offer remain unchanged and are described in the Offer to Purchase, dated August 11, 2025 (the "Offer to Purchase"). Capitalized terms used in this news release and not defined herein have the meanings given to them in the Offer to Purchase.

The applicable consideration to be paid in the Tender Offer for each Series of Notes accepted for purchase was determined by reference to the applicable fixed spread specified for such Series of Notes over the yield (the "Reference Yield") based on the bid-side price of the applicable U.S. Treasury Securities set forth in the table below (the "Tender Offer Consideration"). The Reference Yields listed in the table below were determined (pursuant to the Offer to Purchase) at 2:00 p.m., New York City time, today, August 15, 2025, by the Lead Dealer Managers.

The following table sets forth the pricing information for the Tender Offer:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Title of Security** | **CUSIP<sup>(1)</sup>** | **Aggregate Principal<br>Amount Outstanding<br>Prior to the Tender Offer** | **Reference U.S.<br>Treasury Security** | **Reference Yield** | **Fixed<br>Spread<br>(basis<br>points)** | **Tender Offer<br>Consideration<sup>(2)</sup>** |
|  5.875% Senior Notes due 2026 | 403949 AB6 | $153585000 | 4.250% U.S.T. due<br>12/31/25 | 4.226% | 50 bps | $1004.12 |
|  6.375% Senior Notes due 2027 | 403949 AK6<br>U4322C AD5<br>403949 AP5 | $249875000 | 3.750% U.S.T. due<br>4/15/26 | 4.035% | 50 bps | $1011.63 |

---

(1) No representation is made as to the correctness or accuracy of the CUSIP numbers listed in this news release or
printed on the Notes. They are provided solely for the convenience of Holders of the Notes.

(2) Payable for each $1,000 principal amount of applicable Notes validly tendered at or prior to the Expiration
Time (as defined below) and accepted for purchase by the Corporation. In addition, Holders whose Notes are accepted will also receive interest on such Notes accrued to the Settlement Date (as defined below).

The Tender Offer will remain open until 5:00 p.m., New York City time, on August 15, 2025, unless extended or earlier terminated as described in the Offer to Purchase (such date and time, as the same may be extended, the "Expiration Time"). In accordance with the terms of the Offer to Purchase, the Corporation reserves the right to amend the Tender Offer, subject to applicable law.

Subject to satisfaction of the conditions to the Tender Offer, settlement for all Notes validly tendered pursuant to the Tender Offer prior to the Expiration Time or pursuant to a Notice of Guaranteed Delivery is expected to be on August 20, 2025 (the "Settlement Date").

Citigroup, Citizens Capital Markets and Mizuho are the Lead Dealer Managers for the Tender Offer. D.F. King & Co., Inc. is the Tender and Information Agent. Persons with questions regarding the Tender Offer should contact Citigroup Global Markets Inc. at +1 (800) 558-3745 (toll free) or +1 (212) 723-6106 or ny.liabilitymanagement@citi.com, Citizens JMP Securities, LLC at dl-cjmpslegal@citizensbank.com, or Mizuho Securities USA LLC at +1 (866) 271-7403 (toll free) or +1 (212) 205-7741. Questions regarding the tendering of Notes and requests for copies of the Offer to Purchase and Notice of Guaranteed Delivery and related materials should be directed to D.F. King & Co., Inc. at (212) 931-0865 (for banks and brokers) or (800) 949-2583 (all others, toll-free) or email <u>DINO@dfking.com</u>. Copies of the Offer to Purchase and Notice of Guaranteed Delivery are also available at the following web address: <u>www.dfking.com/DINO</u>.

This news release is neither an offer to purchase nor a solicitation of an offer to sell the Notes. The Tender Offer is made only by the Offer to Purchase and Notice of Guaranteed Delivery and the information in this news release is qualified by reference to the Offer to Purchase. There is no separate letter of transmittal in connection with the Offer to Purchase. None of the Corporation, the Corporation's Board of Directors, the Lead Dealer Managers, the Tender and Information Agent or the trustee with respect to any Notes is making any recommendation as to whether Holders should tender any Notes in response to the Tender Offer, and neither the Corporation nor any such other person has authorized any person to make any such recommendation. Holders must make their own decision as to whether to tender any of their Notes, and, if so, the principal amount of Notes to tender.

------

<u>About HF Sinclair Corporation:</u> 

HF Sinclair Corporation, headquartered in Dallas, Texas, is an independent energy company that produces and markets high-value light products such as gasoline, diesel fuel, jet fuel, renewable diesel and lubricants and specialty products. HF Sinclair owns and operates refineries located in Kansas, Oklahoma, New Mexico, Wyoming, Washington and Utah. HF Sinclair provides petroleum product and crude oil transportation, terminalling, storage and throughput services to our refineries and the petroleum industry. HF Sinclair markets its refined products principally in the Southwest U.S., the Rocky Mountains extending into the Pacific Northwest and in other neighboring Plains states and supplies high-quality fuels to more than 1,700 branded stations and licenses the use of the Sinclair brand to more than 300 additional locations throughout the country. HF Sinclair produces renewable diesel at two of its facilities in Wyoming and also at its facility in New Mexico. In addition, subsidiaries of HF Sinclair produce and market base oils and other specialized lubricants in the U.S., Canada and the Netherlands, and export products to more than 80 countries.

FOR FURTHER INFORMATION, Contact:

Craig Biery, Vice President, Investor Relations

HF Sinclair Corporation

214-954-6510

<u>Cautionary Statement Regarding Forward-Looking Statements:</u> 

The following is a "safe harbor" statement under the Private Securities Litigation Reform Act of 1995: The statements in this news release relating to matters that are not historical facts, including those related to the concurrent offering of senior notes and the use of proceeds therefrom, and the Tender Offer and the timing and outcome thereof, are "forward-looking statements" that involve certain risks and uncertainties that could cause actual outcomes and results to materially differ from what is expressed, implied or forecast in such statements. Any differences could be caused by a number of factors, including, but not limited to, the ability to complete the concurrent offering of senior notes, general market conditions and other financial, operational and legal risks and uncertainties detailed from time to time in the Corporation's SEC filings. All forward-looking statements included in this news release are expressly qualified in their entirety by the foregoing cautionary statements. The forward-looking statements speak only as of the date made and, other than as required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

## Exhibit 99.2

**Exhibit 99.2** 

**HF Sinclair Announces Final Results and Expiration of Cash Tender Offer for Debt Securities** 

DALLAS, August 15, 2025 — HF Sinclair Corporation (NYSE and NYSE Texas: DINO) (the "Corporation") today announced the final results and expiration of its previously announced cash tender offer (the "Tender Offer") to purchase any and all of its outstanding notes listed in the table below (collectively, the "Notes" and each a "Series" of Notes). Capitalized terms used in this news release and not defined herein have the meanings given to them in the Offer to Purchase, dated August 11, 2025 (the "Offer to Purchase").

According to the information provided by D.F. King & Co., Inc., the aggregate principal amount of each Series of Notes that were validly tendered and not validly withdrawn as of the Expiration Time is set forth in the table below.

---

| | | | |
|:---|:---|:---|:---|
| **Title of Security** | **CUSIP<sup>(1)</sup>** | **Aggregate**<br>**Principal Amount<br>Outstanding Prior to the<br>Tender Offer** | **Aggregate<br>Principal Amount**<br>**Tendered<sup>(2)</sup>** |
|  5.875% Senior Notes due 2026 (the "2026 Notes") | 403949 AB6 | $153585000 | $36687000 |
|  6.375% Senior Notes due 2027 (the "2027 Notes") | 403949 AK6<br>U4322C AD5<br>403949 AP5 | $249875000 | $163843000 |

---

(1) No representation is made as to the correctness or accuracy of the CUSIP numbers listed in this news release or
printed on the Notes. They are provided solely for the convenience of Holders of the Notes.

(2) As reported by D.F. King & Co., Inc., the Tender and Information Agent for the Tender Offer.

The Tender Offer was made pursuant to the terms and conditions contained in the Offer to Purchase and the related Notice of Guaranteed Delivery for the Tender Offer, dated August 11, 2025.

Subject to satisfaction of the conditions to the Tender Offer, including completion of the previously announced public offering of senior notes (the "Concurrent Notes Offering") which is expected to occur on August 18, 2025, the Corporation expects to accept for payment all Notes validly tendered pursuant to the Tender Offer and not validly withdrawn on August 20, 2025 (the "Settlement Date"). All payments for Notes purchased by the Corporation in connection with the Tender Offer will also include accrued and unpaid interest on the principal amount of Notes accepted for purchase from the last interest payment date applicable to the relevant Series of Notes up to, but not including, the Settlement Date.

Citigroup, Citizens Capital Markets and Mizuho are the Lead Dealer Managers for the Tender Offer. D.F. King & Co., Inc. is the Tender and Information Agent. Persons with questions regarding the Tender Offer should contact Citigroup Global Markets Inc. at +1 (800) 558-3745 (toll free) or +1 (212) 723-6106 or ny.liabilitymanagement@citi.com, Citizens JMP Securities, LLC at dl-cjmpslegal@citizensbank.com, or Mizuho Securities USA LLC at +1 (866) 271-7403 (toll free) or +1 (212) 205-7741. Questions regarding the tendering of Notes and requests for copies of the Offer to Purchase and Notice of Guaranteed Delivery and related materials should be directed to D.F. King & Co., Inc. at (212) 931-0865 (for banks and brokers) or (800) 949-2583 (all others, toll-free) or email <u>DINO@dfking.com</u>. Copies of the Offer to Purchase and Notice of Guaranteed Delivery are also available at the following web address: <u>www.dfking.com/DINO</u>.

This news release is neither an offer to purchase nor a solicitation of an offer to sell the Notes. The Tender Offer is made only by the Offer to Purchase and Notice of Guaranteed Delivery and the information in this news release is qualified by reference to the Offer to Purchase. There is no separate letter of transmittal in connection with the Offer to Purchase. None of the Corporation, the Corporation's Board of Directors, the Lead Dealer Managers, the Tender and Information Agent or the trustee with respect to any Notes is making any recommendation as to whether Holders should tender any Notes in response to the Tender Offer, and neither the Corporation nor any such other person has authorized any person to make any such recommendation. Holders must make their own decision as to whether to tender any of their Notes, and, if so, the principal amount of Notes to tender.

------

<u>About HF Sinclair Corporation:</u> 

HF Sinclair Corporation, headquartered in Dallas, Texas, is an independent energy company that produces and markets high-value light products such as gasoline, diesel fuel, jet fuel, renewable diesel and lubricants and specialty products. HF Sinclair owns and operates refineries located in Kansas, Oklahoma, New Mexico, Wyoming, Washington and Utah. HF Sinclair provides petroleum product and crude oil transportation, terminalling, storage and throughput services to our refineries and the petroleum industry. HF Sinclair markets its refined products principally in the Southwest U.S., the Rocky Mountains extending into the Pacific Northwest and in other neighboring Plains states and supplies high-quality fuels to more than 1,700 branded stations and licenses the use of the Sinclair brand to more than 300 additional locations throughout the country. HF Sinclair produces renewable diesel at two of its facilities in Wyoming and also at its facility in New Mexico. In addition, subsidiaries of HF Sinclair produce and market base oils and other specialized lubricants in the U.S., Canada and the Netherlands, and export products to more than 80 countries.

FOR FURTHER INFORMATION, Contact:

Craig Biery, Vice President, Investor Relations

HF Sinclair Corporation

214-954-6510

<u>Cautionary Statement Regarding Forward-Looking Statements:</u> 

The following is a "safe harbor" statement under the Private Securities Litigation Reform Act of 1995: The statements in this news release relating to matters that are not historical facts, including those regarding the Concurrent Notes Offering and the use of proceeds therefrom, and the Tender Offer and the timing and outcome thereof, are "forward-looking statements" that involve certain risks and uncertainties that could cause actual outcomes and results to materially differ from what is expressed, implied or forecast in such statements. Any differences could be caused by a number of factors, including, but not limited to, the ability to complete the Concurrent Notes Offering, general market conditions and other financial, operational and legal risks and uncertainties detailed from time to time in the Corporation's SEC filings. All forward-looking statements included in this news release are expressly qualified in their entirety by the foregoing cautionary statements. The forward-looking statements speak only as of the date made and, other than as required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.