AFFILIATE NOTE PAYABLE - PBF LLC (Notes)

9 Months Ended

Sep. 30, 2019

AFFILIATE NOTE PAYABLE - PBF LLC [Abstract]

Affiliate Note Payable [Text Block]

. AFFILIATE NOTE PAYABLE - PBF LLC

As of September 30, 2019 and December 31, 2018, PBF LLC had an outstanding note payable with PBF Energy for an aggregate principal amount of $378.4 million and $326.1 million, respectively. During the second quarter of 2019, the note payable was amended to extend the maturity date from April 2020 to April 2030. The note has an annual interest rate of 2.5% and may be prepaid in whole or in part at any time, at the option of PBF LLC without penalty or premium.