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Stock impact report

Delek Logistics Partners, LP Announces Closing of Public Offering of Common Units and Full Exercise of Underwriters’ Option to Purchase Additional Units

Delek Logistics Partners, L.P. Common Units representing Limited Partner Interests (DKL) 
Last delek logistics partners, l.p. common units representing limited partner interests earnings: 2/25 04:15 pm Check Earnings Report
US:NYSE Investor Relations: deleklogistics.com/investor-relations
Company Research Source: Business Wire
BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) announced today that it has closed its previously announced underwritten public offering of 4,423,075 common units representing limited partner interests in Delek Logistics, including 576,922 common units sold pursuant to the underwriters’ full exercise of their option to purchase additional common units, at a price of $39.00 per unit. Delek Logistics intends to use the gross proceeds of approximately $166 million, after underwriting fees and commissions and before other offering-related expenses, to redeem its outstanding convertible preferred units and to repay outstanding borrowings under its revolving credit agreement.Avigal Soreq, our President, and certain other of our executives, purchased 7,177 of the common units offered in the offering at the price offered to the public.The offering was made pursuant to an effective shelf registration statement previously filed with the Securi Show less Read more
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