Delek Logistics prices $800M of 6.875% notes due 2034, plans to redeem higher-rate debt

Delek Logistics Partners, LP

Priced $800M aggregate principal of 6.875% senior notes due 2034 at par; expected to close May 14, 2026.
Issued conditional notice to redeem $400M of 8.625% Senior Notes due 2029 at 104.313% of par plus accrued interest.
Proceeds to repurchase all outstanding 7.125% Senior Notes due 2028 via tender offer or redemption, plus related fees.
Remaining net proceeds to be used for general corporate purposes; offering exempt under Rule 144A/Reg S.

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