Delek Logistics Partners, LP (DKL): debt financing — Delek Logistics issues $800M 6.875% senior notes due 2034; closes tender for $270.7M of 2028 notes

Delek Logistics Partners, LP

Issued $800M aggregate principal of 6.875% senior notes due June 1, 2034; interest payable semi-annually starting Dec 1, 2026.
Notes are unsecured senior obligations, guaranteed by certain subsidiaries; covenants restrict additional debt, liens, distributions, and asset sales.
Up to 35% of notes redeemable before June 2029 at 106.875% of par using equity proceeds; make-whole prior to June 2029, then sliding scale from 103.438% in 2029 to par in 2031.
Change of control triggering event requires repurchase at 101% of principal plus accrued interest.
Tender offer accepted $270.7M of existing 7.125% notes due 2028; payment made on May 14, 2026.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Delek Logistics Partners, LP incurred senior notes of $800,000,000 in aggregate principal amount at 6.875% maturing June 1, 2034.

Instrument: senior notes
Principal: $800,000,000 in aggregate principal amount
Rate: 6.875%
Maturity: June 1, 2034
Event: incurrence

Exact text from the filing

pursuant to which the Issuers issued $800,000,000 in aggregate principal amount of 6.875% senior notes due 2034

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Delek Logistics Partners, LP entered into Indenture with Regions Bank, as trustee valued at $800,000,000 in aggregate principal amount of 6.875% senior notes due 2034 (effective 2026-05-14).

Action: entry
Agreement: notes offering
Counterparty: Regions Bank, as trustee
Value: $800,000,000 in aggregate principal amount of 6.875% senior notes due 2034
Effective: 2026-05-14

Exact text from the filing

and Regions Bank, as trustee, entered into an indenture (the “Indenture”), pursuant to which the Issuers issued $800,000,000 in aggregate principal amount of 6.875% senior notes due 2034

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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 0001193125-26-223986

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