PE-Backed PBF Energy Files for I.P.O.

PBF Energy Inc., which is backed by buyout shops Blackstone Group and First Reserve Corp., has filed with regulators to raised up to $100 million in an initial public offering. The company, based in Parsippany, New Jersey, is a petroleum refiner. Citigroup, Morgan Stanley, Credit Suisse and Deutsche Bank Securities are underwriting the IPO, Reuters said.

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