0000050104-12-000076.txt : 20120924 0000050104-12-000076.hdr.sgml : 20120924 20120924084504 ACCESSION NUMBER: 0000050104-12-000076 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20120924 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20120924 DATE AS OF CHANGE: 20120924 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TESORO CORP /NEW/ CENTRAL INDEX KEY: 0000050104 STANDARD INDUSTRIAL CLASSIFICATION: PETROLEUM REFINING [2911] IRS NUMBER: 950862768 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-03473 FILM NUMBER: 121105457 BUSINESS ADDRESS: STREET 1: 19100 RIDGEWOOD PKWY CITY: SAN ANTONIO STATE: TX ZIP: 78259-1828 BUSINESS PHONE: 210 626-6000 MAIL ADDRESS: STREET 1: 19100 RIDGEWOOD PKWY CITY: SAN ANTONIO STATE: TX ZIP: 78259-1828 FORMER COMPANY: FORMER CONFORMED NAME: TESORO PETROLEUM CORP /NEW/ DATE OF NAME CHANGE: 19920703 8-K 1 a9-24x12tso8xkpressrelease.htm 8-K 9-24-12 TSO 8-K Press Release


 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 24, 2012
Tesoro Corporation
(Exact name of registrant as specified in its charter)


 
 
 
 
 
Delaware
 
1-3473
 
95-0862768
(State or other jurisdiction
of incorporation)
 
(Commission File Number)
 
(IRS Employer Identification No.)
 
 
 
 
 
19100 Ridgewood Pkwy
San Antonio, Texas
 
 
 
78259-1828
(Address of principal executive offices)
 
 
 
(Zip Code)

(210) 626-6000
(Registrant's telephone number,
including area code)

Not Applicable
(Former name or former address, if
changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.):
 
 
 
o
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 
 
o
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 
 
o
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
 
o
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


 






Item 8.01
 
Other Events.
On September 24, 2012, Tesoro Corporation issued a press release announcing the redemption of all of its outstanding $299 million 6 ¼% Senior Notes due November 2012. A copy of the press release is furnished herewith as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01
 
Financial Statements and Exhibits.
       (d)   Exhibits.
 
99.1
 
Press release issued on September 24, 2012 announcing the redemption of the 6 ¼% Senior Notes Due 2012.


2



SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: September 24, 2012
 
 
 
 
 
 
TESORO CORPORATION

 
 
 
By:  
/s/ G. SCOTT SPENDLOVE
 
 
 
G. Scott Spendlove 
 
 
 
Senior Vice President and Chief Financial Officer
 
 



3



Index to Exhibits
Exhibit Number
 
Description
99.1
 
Press release issued on September 24, 2012 announcing the redemption of the 6 ¼% Senior Notes Due 2012.



4
 EX-99.1 2 exhibit99192412.htm EXHIBIT 99.1 exhibit99192412
Exhibit 99.1


Tesoro Corporation Announces Redemption of 6 1/4% Senior Notes Due 2012

SAN ANTONIO - September 24, 2012 - Tesoro Corporation (NYSE:TSO) has completed the redemption of all of its outstanding $299 million 6 1/4% Senior Notes due November 2012. On September 13, 2012, the Company priced $450 million 4 1/4% Senior Notes due 2017 and $475 million 5 3/8% Senior Notes due 2022. Net proceeds from that offering, expected to be completed on September 27, 2012, and cash on hand will be used to fund its cash tender offers for the repurchase of any and all of its outstanding 6 5/8% Senior Notes due 2015 and 6 1/2% Senior Notes due 2017.

The redemption of the 2012 notes and the refinancing of the 2015 and 2017 notes reduces interest expense, extends maturities and further strengthens Tesoro's balance sheet.

About Tesoro Corporation
Tesoro Corporation, a Fortune 150 company, is an independent refiner and marketer of petroleum products. Tesoro, through its subsidiaries, operates seven refineries in the western United States with a combined capacity of approximately 675,000 barrels per day. Tesoro Corporation's retail-marketing system includes over 1,375 branded retail stations, of which nearly 590 are company operated under the Tesoro®, Shell® and USA Gasoline™ brands.

This press release contains certain statements that are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. For more information concerning factors that could affect these statements, see the annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K for Tesoro Corporation, filed with the Securities and Exchange Commission. Tesoro Corporation undertakes no obligation to publicly release the result of any revisions to any such forward-looking statements that may be made to reflect events or circumstances that occur, or which Tesoro Corporation may become aware of, after the date hereof.


Contact:
Investors:
Louie Rubiola, Director, Investor Relations, (210) 626-4355

Media:
Tesoro Media Relations, media@tsocorp.com, (210) 626-7702


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