Delek Logistics prices $200M public offering at $50/unit to repay debt

Filed August 13, 2026 · Period ending August 12, 2026 · ~1 min read

Key Changes

• high

  Priced underwritten public offering of 4 million common units at $50.00 per unit, raising $200 million in gross proceeds. Underwriters have 30-day option to purchase up to 600,000 additional units. Offering expected to close August 14, 2026.

  Item 8.01 verify on EDGAR →
• medium

  Net proceeds will be used to repay outstanding borrowings under the revolving credit agreement and for general partnership purposes, indicating debt reduction is a primary use of the capital raised.

  Exhibit 99.1 view on EDGAR →
• medium

  Sponsor Delek Holdings is not participating in the offering. Its ownership stake will decline from 63.0% to approximately 58.0% (assuming full exercise of underwriters' option), diluting the sponsor's controlling interest.

  Exhibit 99.1 view on EDGAR →