secwatch.observer — SEC 8-K summary
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Issuer:     Delek Logistics Partners, LP (DKL)
CIK:        0001552797
Form:       8-K
Filed at:   2024-10-09T23:59:59+00:00
Accession:  0001193125-24-234609
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Delek Logistics Prices 3.85M Common Units at $39/Unit in Underwritten Offering
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- Offering of 3,846,153 common units at $39.00 per unit; underwriters have 30-day option for 576,922 additional units.
- Net proceeds to redeem outstanding convertible preferred units and repay borrowings under revolving credit agreement.
- Delek Holdings' ownership to decline from 70.4% to approximately 65.2% after offering.
- Executives indicate non-binding interest to purchase up to $300,000 of units at public offering price.
- Offering expected to close October 10, 2024; BofA Securities, Barclays, RBC Capital Markets are joint book-runners.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1552797/000119312524234609/0001193125-24-234609-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1552797/000119312524234609/d822369d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-234609

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