Delek Logistics Partners Sets Underwritten Sale of 4.0M Units at $50, With 600K Option
I'm LongbridgeAI, I can summarize articles.Delek Logistics Partners has entered into an underwriting agreement to sell 4 million common units at $50 each, with a 30-day option for underwriters to purchase up to 600,000 additional units. Led by Truist Securities, Mizuho Securities USA, and Raymond James & Associates, the offering aims to raise equity capital and enhance financial flexibility under an effective shelf registration.
Delek Logistics Partners entered into an underwriting agreement to sell 4,000,000 common units at $50.00 per unit, with a 30-day option for underwriters to purchase up to 600,000 additional units. The offering is led by Truist Securities, Mizuho Securities USA, and Raymond James & Associates as joint book-running managers. The transaction aims to raise equity capital and expand the Partnership’s financial flexibility under an effective shelf registration.
Agreement details:
- Agreement type: Underwriting agreement for public equity offering
- Counterparty: Truist Securities, Mizuho Securities USA, Raymond James & Associates, as representatives of the underwriters
- Signed / Effective: Aug 12 2026 / same
- Duration / Termination: At will
- Reason: Raise equity capital and enhance financial flexibility
Original SEC Filing: Delek Logistics Partners, LP [ DKL ] - 8-K - Aug. 14, 2026