{"id":688975,"date":"2022-09-26T17:03:19","date_gmt":"2022-09-26T21:03:19","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/valero-energy-continues-to-reduce-debt-through-previously-announced-tender-offers\/"},"modified":"2022-09-26T17:03:19","modified_gmt":"2022-09-26T21:03:19","slug":"valero-energy-continues-to-reduce-debt-through-previously-announced-tender-offers","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/valero-energy-continues-to-reduce-debt-through-previously-announced-tender-offers\/","title":{"rendered":"Valero Energy Continues to Reduce Debt Through Previously Announced Tender Offers"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Valero Energy Continues to Reduce Debt Through Previously Announced Tender Offers<\/b><\/p>\n<p>SAN ANTONIO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nValero Energy Corporation (NYSE: VLO, \u201cValero\u201d) reduced its debt by approximately $1.25 billion in September through its previously announced tender offers for various series of Valero\u2019s senior notes, which Valero funded with cash on hand. This transaction, combined with debt reduction and refinancing transactions completed in the second half of 2021 and the first half of 2022, collectively reduced Valero\u2019s debt by approximately $3.6 billion.\n<\/p>\n<p><b>About Valero<\/b><\/p>\n<p>\nValero Energy Corporation, through its subsidiaries (collectively, \u201cValero\u201d), is an international manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, and sells its products primarily in the United States (\u201cU.S.\u201d), Canada, the United Kingdom (\u201cU.K.\u201d), Ireland and Latin America. Valero owns 15 petroleum refineries located in the U.S., Canada and the U.K. with a combined throughput capacity of approximately 3.2 million barrels per day. Valero is a joint venture member in Diamond Green Diesel Holdings LLC, which owns a renewable diesel plant in Norco, Louisiana with a production capacity of 700 million gallons per year, and Valero owns 12 ethanol plants located in the Mid-Continent region of the U.S. with a combined production capacity of approximately 1.6 billion gallons per year. Valero manages its operations through its Refining, Renewable Diesel, and Ethanol segments. Please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.investorvalero.com&amp;esheet=52926745&amp;newsitemid=20220926005797&amp;lan=en-US&amp;anchor=www.investorvalero.com&amp;index=1&amp;md5=ff1a714ab95cbb8e99995d0fa3b5b222\">www.investorvalero.com<\/a> for more information.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20220926005797r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20220926005797\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20220926005797\/en\/<\/a><\/span><\/p>\n<p>\nInvestors:<br \/>\n<br \/>Homer Bhullar, Vice President \u2013 Investor Relations and Finance, 210-345-1982<br \/>\n<br \/>Eric Herbort, Director \u2013 Investor Relations, 210-345-3331<br \/>\n<br \/>Gautam Srivastava, Senior Manager \u2013 Investor Relations, 210-345-3992\n<\/p>\n<p>\nMedia:<br \/>\n<br \/>Lillian Riojas, Executive Director \u2013 Media Relations and Communications, 210-345-5002\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America Texas<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Chemicals\/Plastics Energy Manufacturing Oil\/Gas<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20220926005797\/en\/1047452\/3\/Valero_Color_Stacked_Registered.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Valero Energy Continues to Reduce Debt Through Previously Announced Tender Offers SAN ANTONIO&#8211;(BUSINESS WIRE)&#8211; Valero Energy Corporation (NYSE: VLO, \u201cValero\u201d) reduced its debt by approximately $1.25 billion in September through its previously announced tender offers for various series of Valero\u2019s senior notes, which Valero funded with cash on hand. This transaction, combined with debt reduction and refinancing transactions completed in the second half of 2021 and the first half of 2022, collectively reduced Valero\u2019s debt by approximately $3.6 billion. About Valero Valero Energy Corporation, through its subsidiaries (collectively, \u201cValero\u201d), is an international manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, and sells its products primarily in the United States (\u201cU.S.\u201d), Canada, the United Kingdom (\u201cU.K.\u201d), &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/valero-energy-continues-to-reduce-debt-through-previously-announced-tender-offers\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Valero Energy Continues to Reduce Debt Through Previously Announced Tender Offers&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-688975","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Valero Energy Continues to Reduce Debt Through Previously Announced Tender Offers - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/valero-energy-continues-to-reduce-debt-through-previously-announced-tender-offers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Valero Energy Continues to Reduce Debt Through Previously Announced Tender Offers - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Valero Energy Continues to Reduce Debt Through Previously Announced Tender Offers SAN ANTONIO&#8211;(BUSINESS WIRE)&#8211; Valero Energy Corporation (NYSE: VLO, \u201cValero\u201d) reduced its debt by approximately $1.25 billion in September through its previously announced tender offers for various series of Valero\u2019s senior notes, which Valero funded with cash on hand. This transaction, combined with debt reduction and refinancing transactions completed in the second half of 2021 and the first half of 2022, collectively reduced Valero\u2019s debt by approximately $3.6 billion. About Valero Valero Energy Corporation, through its subsidiaries (collectively, \u201cValero\u201d), is an international manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, and sells its products primarily in the United States (\u201cU.S.\u201d), Canada, the United Kingdom (\u201cU.K.\u201d), &hellip; Continue reading &quot;Valero Energy Continues to Reduce Debt Through Previously Announced Tender Offers&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/valero-energy-continues-to-reduce-debt-through-previously-announced-tender-offers\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-26T21:03:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20220926005797r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/valero-energy-continues-to-reduce-debt-through-previously-announced-tender-offers\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/valero-energy-continues-to-reduce-debt-through-previously-announced-tender-offers\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Valero Energy Continues to Reduce Debt Through Previously Announced Tender Offers\",\"datePublished\":\"2022-09-26T21:03:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/valero-energy-continues-to-reduce-debt-through-previously-announced-tender-offers\\\/\"},\"wordCount\":303,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/valero-energy-continues-to-reduce-debt-through-previously-announced-tender-offers\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20220926005797r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/valero-energy-continues-to-reduce-debt-through-previously-announced-tender-offers\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/valero-energy-continues-to-reduce-debt-through-previously-announced-tender-offers\\\/\",\"name\":\"Valero Energy Continues to Reduce Debt Through Previously Announced Tender Offers - 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