secwatch.observer — SEC 8-K summary
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Issuer:     Delek Logistics Partners, LP (DKL)
CIK:        0001552797
Form:       8-K
Filed at:   2024-04-17T23:59:59+00:00
Accession:  0001193125-24-099083
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Delek Logistics issues additional $200M of 8.625% senior notes due 2029 to repay credit facility
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- Issued additional $200M of 8.625% senior notes due 2029, ranking pari passu with existing $650M notes.
- Net proceeds used to repay outstanding borrowings under revolving credit facility.
- Notes mature March 15, 2029; interest payable semi-annually at 8.625%.
- Redemption terms: make-whole prior to March 2026, then premiums declining to par by 2028.
- Change of control put at 101% of principal plus accrued interest.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1552797/000119312524099083/0001193125-24-099083-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1552797/000119312524099083/d833186d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-099083

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