Delek Logistics Partners, LP (DKL): debt financing — Delek Logistics closes upsized $700M 7.375% senior notes due 2033; liquidity exceeds $1B

Delek Logistics Partners, LP

Issued $700M aggregate principal of 7.375% senior notes due June 30, 2033.
Proceeds increase total liquidity to over $1 billion for Permian Basin growth investments.
Notes are unsecured senior obligations; guaranteed jointly by existing and future subsidiaries.
Interest payable semi-annually on June 30 and December 30, starting December 30, 2025.
Optional redemption at 107.375% before June 30, 2028, then step-down prices through 2030.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.98

Delek Logistics Partners, LP incurred senior notes of $700,000,000 in aggregate principal amount with U.S. Bank Trust Company, National Association, as trustee at 7.375% maturing June 30, 2033.

Instrument: senior notes
Principal: $700,000,000 in aggregate principal amount
Counterparty: U.S. Bank Trust Company, National Association, as trustee
Rate: 7.375%
Maturity: June 30, 2033
Event: incurrence

Exact text from the filing

On June 30, 2025, Delek Logistics Partners, LP, a Delaware limited partnership (the “ Partnership ”), Delek Logistics Finance Corp., a Delaware corporation and a wholly owned subsidiary of the Partnership (“ Finance Corp. ” and together with the Partnership, the “ Issuers ”), the Partnership’s existing subsidiaries (other than Finance Corp., the “ Guarantors ”) and U.S. Bank Trust Company, National Association, as trustee, entered into an indenture (the “ Indenture ”), pursuant to which the Issuers issued $700,000,000 in aggregate principal amount of 7.375% senior notes due 2033 (the “ 2033 Notes ”).

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8 debt financings filed in the last 30 days. Browse all debt financings →

Delek Logistics Partners, LP filing history →

Source: SEC EDGAR

accession 0001193125-25-152780

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