Delek Logistics Partners establishes $100M at-the-market equity offering program

Delek Logistics Partners, LP

Up to $100M in common units may be sold from time to time through RBC Capital Markets.
Commission to RBC not to exceed 2.0% of gross sales price; net proceeds for general partnership purposes.
Pro forma financials for 3 Bear Acquisition filed: combined net income $106.7M (9M 2022) and $133.7M (FY 2021).

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 1.0

Delek Logistics Partners, LP entered into Equity Distribution Agreement with RBC Capital Markets, LLC valued at $100,000,000 (effective 2022-11-14).

Action: entry
Agreement: atm program
Counterparty: RBC Capital Markets, LLC
Value: $100,000,000
Effective: 2022-11-14

Exact text from the filing

On November 14, 2022, Delek Logistics Partners, LP, a Delaware limited partnership (the “Partnership”), and Delek Logistics GP, LLC, a Delaware limited liability company and the general partner of the Partnership (the “General Partner”), entered into an Equity Distribution Agreement (the “Distribution Agreement”) by and among the Partnership, the General Partner and RBC Capital Markets, LLC (the “Manager”).

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25 material agreements filed in the last 30 days. Browse all material agreements →

Delek Logistics Partners, LP filing history →

Source: SEC EDGAR

accession 0001193125-22-284531

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