OLD GREENWICH, Conn., June 2 /PRNewswire-FirstCall/ --
Premcor Inc. (NYSE: PCO) announced today that its wholly owned subsidiary, The
Premcor Refining Group Inc. ("PRG"), is extending the expiration date of its
offer to exchange all of its outstanding 9-1/4% Senior Notes due 2010 and 9-
1/2% Senior Notes due 2013 for new 9-1/4% Senior Notes due 2010 and 9-1/2%
Senior Notes due 2013, which have been registered under the Securities Act of
1933. The offer, which was scheduled to expire at 5:00 p.m., New York City
time, on May 30, 2003, is now scheduled to expire at 5:00 p.m., New York City
time, on June 6, 2003.
As of 5:00 p.m. May 30, 2003, of the $525,000,000 principal amount of
Senior Notes outstanding, $524,170,000 had been tendered.
Premcor Inc. is one of the largest independent petroleum refiners and
marketers of unbranded transportation fuels and heating oil in the United
States.
SOURCE Premcor Inc.
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Related links:
http://www.premcor.com
CONTACT:
Media-Investors, Joe Watson, +1-203-698-7510,
Investors, Karen Davis, +1-314-854-1424, or Michael Taylor,
+1-314-719-2304, all of Premcor Inc.
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