other material
confidence high
sentiment neutral
materiality 0.50
Delek Logistics closes 4.6M unit offering at $50/unit, raises ~$220.8M
Delek Logistics Partners, LP
- Closed offering of 4,600,000 common units at $50.00/unit, including 600,000 from full exercise of underwriters' option.
- Gross proceeds ~$220.8M after fees; to repay revolver borrowings and for general partnership purposes.
- Delek Holdings ownership drops from 63.0% to ~58.0% post-offering.
- Joint book-runners: Truist Securities, Mizuho, Raymond James.