Holly Energy Partners L.P., founded in 2004 and based in Dallas, Texas, is a limited partnership focused on the transportation, storage, and distribution of petroleum products and crude oil. The company primarily operates through its extensive network of pipelines, terminals, and storage facilities, serving refining and marketing companies across the United States.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| HEP 5.00% 2028-02-01 USDHolly Energy Partners L.P. | United States | 2028-02-01 | 5.000 | 5.25 |
| HEP 5.00% 2028-02-01 USDHolly Energy Partners L.P. | United States | 2028-02-01 | 5.000 | 5.25 |
| HEP 6.38% 2027-04-15 USDHolly Energy Partners L.P. | United States | 2027-04-15 | 6.375 | 5.40 |
| HEP 6.38% 2027-04-15 USDHolly Energy Partners L.P. | United States | 2027-04-15 | 6.375 | 5.40 |
| HEP 6.38% 2027-04-15 USDHolly Energy Partners L.P. | United States | 2027-04-15 | 6.375 | 5.40 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Holly Energy Partners commenced its bond issuance in 2012, with significant offerings that include a $350 million senior unsecured notes issuance in 2018, aiming to refinance existing debt and support operational expansion. As of late 2023, the company's bonds offer yields competitive within the midstream sector, with features such as call options providing investors with flexibility. Recent news highlights the company's commitment to reducing leverage through strategic refinancing and disciplined capital allocation, bolstering its appeal among retail investors.