October 5, 2016 / 10:27 AM / a year ago

BRIEF-HollyFrontier Corp, HFWCR, HEP Operating, and HEP entered into a LLC interest purchase agreement

Oct 5 (Reuters) - HollyFrontier Corp

* On October 3, HollyFrontier, HFWCR, HEP Operating, and HEP entered into a LLC interest purchase agreement - SEC filing

* HollyFrontier Corp says cash consideration paid by HEP operating for the interests was approximately $278 million

* Consideration was funded with about $100 million in proceeds from previously disclosed private placement of HEP common units Source text: [bit.ly/2dQUdgz] Further company coverage:

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