Delek Logistics launches $175M common unit offering; proceeds to repay debt

Delek Logistics Partners, LP

$175M underwritten public offering of common units; 30-day option for additional $26.25M.
Net proceeds to repay outstanding revolving credit borrowings and for general partnership purposes.
Joint book-runners: Truist Securities, Mizuho, and Raymond James & Associates.
Offering subject to market conditions; no assurance of completion or final terms.
Preliminary prospectus supplement to be filed with SEC; shelf registration effective.

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