secwatch.observer — SEC 8-K summary
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Issuer:     Delek Logistics Partners, LP (DKL)
CIK:        0001552797
Form:       8-K
Filed at:   2026-05-14T20:06:09+00:00
Accession:  0001193125-26-223986
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Delek Logistics issues $800M 6.875% senior notes due 2034; closes tender for $270.7M of 2028 notes
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1552797/000119312526223986/0001193125-26-223986-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1552797/000119312526223986/d94774d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-223986

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