debt
confidence high
sentiment positive
materiality 0.65
Delek US refinances term loan to $850M at SOFR+300bps; maturity extended 6 years
Delek US Holdings, Inc.
- Principal after amendment and prepayments set at $850.0 million.
- Interest rate reduced to term SOFR plus 300 bps (or base rate plus 200 bps).
- Maturity extended to six years from closing; expected close May 15, 2026.
- Reduction from prior rate; refinancing lowers interest cost and lengthens maturity.