HOUSTON, Sept. 20 /PRNewswire-FirstCall/ -- Frontier Oil Corporation
(NYSE: FTO) today announced that it intends to offer, subject to market and
other conditions, senior notes in a private placement. Frontier anticipates
using the net proceeds of the offering to refinance existing senior notes
outstanding.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010411/FTOLOGO )
The notes being sold by Frontier will not be registered under the
Securities Act of 1933, as amended, and may not be offered or sold in the
United States absent registration or an applicable exemption from registration
requirements.
This announcement does not constitute an offer to sell, or the
solicitation of an offer to buy, any security and shall not constitute an
offer, solicitation or sale in any jurisdiction in which such offer,
solicitation or sale would be unlawful.
Frontier, headquartered in Houston, operates a 110,000 bpd refinery
located in El Dorado, Kansas and a 46,000 bpd refinery located in Cheyenne,
Wyoming.
This news release includes forward-looking statements concerning the
Company. These may include statements of plans or objectives for future
operations, statements about future economic performance or assumptions or
estimates. The accuracy of these forward-looking statements is subject to a
wide range of business risks and changes in circumstances that are described
in our reports that are filed from time to time with the Securities and
Exchange Commission. Actual results and outcomes often differ from
expectations.
SOURCE Frontier Oil Corporation
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Photo Notes:
NewsCom:
http://www.newscom.com/cgi-bin/prnh/20010411/FTOLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
Company News On-Call:
http://www.prnewswire.com/comp/118801.html
Related links:
www.frontieroil.com
CONTACT:
Doug Aron of Frontier Oil Corporation,
+1-713-688-9600 ext. 145
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