Delek Logistics Partners launches USD 175 million common unit offering

DKL•2026-08-12

Public offering of common units

Delek Logistics Partners launched an underwritten public offering of USD 175 million of common units under an effective shelf registration statement.

The underwriters have a 30-day option to buy up to an additional USD 26.25 million of common units.

Use of proceeds and underwriting group

Proceeds are earmarked to repay borrowings under the company’s revolving credit facility, with any remaining funds to be used for general partnership purposes.

Truist Securities, Mizuho, and Raymond James are joint book-running managers.

Delek Logistics Partners launches USD 175 million common unit offering

Public offering of common units

Use of proceeds and underwriting group

Related News

Crown Reserve Acquisition swings to Q2 FY26 profit of $1.35 million; six-month FY26 net income slips to $1.09 million

Turn Therapeutics Q2 net loss per share widens on higher R&D costs

White Pearl Acquisition swings to Q2 FY26 net income of $747,372 from net loss of $3,601 in Q2 FY25

Cartesian Growth IV Q2 net loss narrows to $23,822

Biogen files Form 3 initial beneficial ownership statement for Chief Legal Officer Michael Parini