other material
confidence high
sentiment neutral
materiality 0.60
Delek Logistics Partners launches public offering of 3.85M common units at $39.00/unit
Delek Logistics Partners, LP
- Underwriters to sell 3,846,153 common units at $39.00/unit; gross proceeds ~$150M.
- Underwriters granted 30-day option to purchase up to 576,922 additional units.
- Offering is made under an existing shelf registration statement filed April 26, 2024.
- Underwriting agreement contains customary reps, warranties, and indemnification provisions.