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Delek Logistics prices 4 million common units offering at $50 each
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Delek Logistics prices 4 million common units offering at $50 each
  • Delek Logistics priced an underwritten public offering of 4,000,000 common units at USD 50 per unit.
  • Underwriters received a 30-day option to buy up to 600,000 additional common units.
  • Net proceeds earmarked for revolving credit facility repayment, remaining funds for general partnership purposes.
  • Delek US will not buy units; its ownership expected to fall from 63% to about 58% on full option exercise.
  • Settlement expected Aug. 14, 2026, subject to customary closing conditions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Delek Logistics Partners LP published the original content used to generate this news brief via Business Wire (Ref. ID: 20260812525822) on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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