debt
confidence high
sentiment neutral
materiality 0.60
Delek Logistics plans $100M add-on offering of 8.625% senior notes due 2029
Delek Logistics Partners, LP
- Issuers intend to offer $100M aggregate principal of additional 8.625% senior notes due 2029.
- The notes will be part of same series as $650M issued March 2024 and $200M issued April 2024.
- Net proceeds will be used to repay a portion of outstanding borrowings under revolving credit facility.
- Offered in private placement to QIBs under Rule 144A and non-U.S. persons under Reg S.