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): October 16, 2009
CVR ENERGY, INC.
(Exact name of registrant as specified in its charter)
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Delaware
(State or other
jurisdiction of
incorporation)
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001-33492
(Commission File Number)
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61-1512186
(I.R.S. Employer
Identification Number) |
2277 Plaza Drive, Suite 500
Sugar Land, Texas 77479
(Address of principal
executive offices,
including zip code)
Registrant’s telephone number, including area code: (281) 207-3200
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. below):
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 October 8, 2009, Coffeyville Resources, LLC (the “Company”), a wholly-owned
subsidiary of CVR Energy, Inc., and J. Aron & Company (“J. Aron”), mutually agreed to
terminate certain commodity price derivative transactions entered into pursuant to the ISDA Master
Agreement and Schedule thereto, each dated as of June 24, 2005, as amended (the “Swap
Agreement”). The Swap Agreement was expected to terminate in 2010. However, a recent
amendment to the Company’s credit facility permitted early termination of the Swap Agreement, and
the Company and J. Aron completed all of their remaining obligations under the Swap Agreement in
advance. In connection with such termination, the $60 million funded letter of credit supporting
the Company’s obligations under the Swap Agreement was terminated, with the $60 million of credit
linked deposits being returned to the lenders.
J. Aron is an affiliate of Goldman, Sachs & Co. Affiliates of Goldman, Sachs & Co. are
significant shareholders of CVR Energy, Inc.