Davis Polk advised the representative of the initial purchasers in a Rule 144A offering by Par Pacific Holdings, Inc. of $100 million aggregate principal amount of its 5.00% convertible senior notes due 2021.

Par Pacific is a growth-oriented company based in Houston, Texas focused on operating integrated refining, logistics and distribution businesses in niche markets. It also manages and maintains interests in other energy and infrastructure businesses.

The Davis Polk equity derivatives team included partner Mark M. Mendez and associates Barry J. Gewolb, Caitlin L. Wood and Mo Zhou. The tax team included partner Lucy W. Farr and associate Anne L. Doherty. All members of the Davis Polk team are based in the New York office.