---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-288939"
form_type: "8-K"
ticker: "DK"
cik: "0001694426"
company_name: "Delek US Holdings, Inc."
filed_at: "2022-11-18T23:59:59+00:00"
generated_at: "2026-06-21T15:56:11.682988+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Delek US enters $950M amended term loan, refinances existing facility, reduces debt by $300M

## Summary
- Initial principal $950M, issued with 4% OID, used to refinance prior term loan, reducing outstanding by ~$300M.
- Interest rates: Base rate + 2.5% or Adjusted Term SOFR + 3.5%.
- Scheduled quarterly principal payments of $2.375M; final maturity November 19, 2029.
- Includes negative covenants and prepayment provisions; secured by first and second priority liens on assets.

## SEC filing metadata
- accession: 0001193125-22-288939
- form_type: 8-K
- ticker: DK
- cik: 0001694426
- company_name: Delek US Holdings, Inc.
- filed_at: 2022-11-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1694426/000119312522288939/0001193125-22-288939-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1694426/000119312522288939/d606610d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-288939
- JSON: https://secwatch.observer/filing/0001193125-22-288939.json
- Plain text: https://secwatch.observer/filing/0001193125-22-288939.txt

## Key facts
- Material Agreements
  Delek US Holdings, Inc. entered into Amended and Restated Term Loan Credit Agreement with Wells Fargo Bank, National Association, as administrative agent valued at $950 million (effective 2022-11-18).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Wells Fargo Bank, National Association, as administrative agent
  - Value: $950 million
  - Effective: 2022-11-18
  source text: On November 18, 2022 (the “Closing Date”), Delek US Holdings, Inc. (the “Company”) entered into an amended and restated term loan credit agreement (the “Amended and Restated Term Loan Credit Agreement”) with Wells Fargo Bank, National Association, as administrative agent (the “Term Administrative Agent”), the Company, as borrower, and the lenders party thereto, providing for a senior secured term loan facility in an initial principal amount of $950 million (the “Term Credit Facility”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1694426/000119312522288939/0001193125-22-288939-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.