{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-407833","form_type":"8-K","ticker":"DK","cik":"0001694426","company_name":"Delek US Holdings, Inc.","filed_at":"2026-09-29T21:24:46+00:00","discovered_at":"2026-09-29T21:26:00.282991+00:00","generated_at":"2026-10-12T13:54:12.019935+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Delek US prices $460M 0.00% convertible notes due 2031 at $85.31 conversion price, 27.5% premium","bullets":["$400M base offering plus full exercise of the $60M initial-purchaser option; notes mature Nov 1, 2031, bear 0.00% regular interest and do not accrete.","Initial conversion price ~$85.31/share (11.7219 shares per $1,000), a 27.5% premium to the $66.91 NYSE close on Sept 24, 2026; up to 6,874,884 shares issuable.","Net proceeds $449.1M; a portion funds capped calls costing ~$34.3M with a $117.09 cap (75% premium), remainder for general purposes including partial Term Loan Credit Facility repayment.","Company may not redeem before Nov 6, 2029; cleanup redemption allowed if under 10% of notes remain outstanding; holders may demand repurchase at 100% on a fundamental change.","Initial purchasers represented by Mizuho, Wells Fargo and Truist; offering closed Sept 29, 2026, notes guaranteed by subsidiary guarantors of the term loan and revolver."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-407833","json":"https://secwatch.observer/filing/0001193125-26-407833.json","markdown":"https://secwatch.observer/filing/0001193125-26-407833.md","text":"https://secwatch.observer/filing/0001193125-26-407833.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1694426/000119312526407833/0001193125-26-407833-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1694426/000119312526407833/d133400d8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T13:54:12.019935+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}