Delek Logistics Partners launches $150M common unit offering to redeem preferred units and repay debt

Delek Logistics Partners, LP

Announced underwritten public offering of $150,000,000 of common units; option for additional $22,500,000.
Net proceeds to be used to redeem outstanding convertible preferred units and repay revolving credit borrowings.
Executives (incl. CEO Avigal Soreq) indicated interest in up to $300,000 of units at public price.
BofA Securities, Barclays, and RBC Capital Markets are joint book-running managers; offering subject to market conditions.
Offering made under existing shelf registration; no assurance on completion or size.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.