PBF Energy just filed a prospectus, suggesting it plans to soon issue some securities

PBF Energy just came out with a new prospectus, available here. This is an SEC requirement for firms looking to issue certain types of securities. An excerpt of the prospectus is provided below:

USE OF PROCEEDS

 

The selling stockholders will receive all of the net proceeds from the sales of shares of Class A common stock offered by them pursuant to this prospectus. We will not receive any proceeds from the sale of these shares of our Class A common stock, but we will bear the costs associated with this registration in accordance with the registration rights agreement. The selling stockholders will bear any underwriting commissions and discounts attributable to their sale of shares of our Class A common stock.

 

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here. PBF Energy next reports earnings on October 31, 2013.

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