debt
confidence high
sentiment neutral
materiality 0.65
Delek Logistics prices $200M additional 8.625% senior notes due 2029
Delek Logistics Partners, LP
- $200M aggregate principal of additional 8.625% notes due 2029 priced at 101.250% of face value plus accrued interest.
- Offering expected to close April 17, 2024; notes form same series as existing $650M notes issued March 13.
- Net proceeds to repay a portion of outstanding borrowings under revolving credit facility.