Citgo fully repays senior secured term loan B due 2023

Chicago, Sept. 22 – Citgo Holding Inc. repaid in full the approximately $267 million outstanding debt under the company’s senior secured term loan B due 2023, according to a press release.

The repayment follows the $216 million repayment made on Aug. 24 from excess cash flow.

The repayment was funded through dividends received from Citgo Petroleum Corp.

Houston-based Citgo manufactures or refines and markets transportation fuels as well as petrochemicals, other industrial products and lubricants.

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