SUGAR LAND, Texas, Dec. 08, 2023 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (the "Company" or "CVR Energy") (NYSE: CVI) announced today the pricing of its private placement (the "Offering") pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the "Securities Act"), of $600 million in aggregate principal amount of 8.500% senior unsecured notes due 2029 (the "Notes"). The Notes mature on January 15, 2029, and will be issued at par. The Notes will be jointly and severally guaranteed on a senior unsecured basis by certain of the Company's domestic subsidiaries, including each of the Company's subsidiaries that is a borrower or guarantor under the Company's $275 million senior secured asset based revolving credit facility. The Offering is expected to close on December 21, 2023, subject to customary closing conditions.