secwatch.observer — SEC 8-K summary
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Issuer:     Delek US Holdings, Inc. (DK)
CIK:        0001694426
Form:       8-K
Filed at:   2026-04-10T23:59:59+00:00
Accession:  0001193125-26-151245
Event type: debt
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Delek US increases ABL revolving commitments to $1.25B, extends maturity to 2031, cuts margin 0.25%
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- Revolving commitments increased from $1.1B to $1.25B.
- Maturity extended from Oct 2027 to Apr 2031 (springing if term loan >$500M).
- Interest rate margins reduced by 0.25%.
- Incremental facility expanded to greater of $750M, 100% EBITDA, or adjusted availability.
- Minimum $350M excess availability required upon effectiveness.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1694426/000119312526151245/0001193125-26-151245-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1694426/000119312526151245/d94216d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-151245

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer