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Delek Logistics Partners Subsidiary Intends To Offer $500M In Aggregate Principal Amount Of Senior Notes Due 2033 In Private Placement

Benzinga · 2d ago

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Delek Logistics Partners, LP (NYSE:DKL) ("Delek Logistics") announced today that it, along with Delek Logistics Finance Corp., a subsidiary of Delek Logistics, intends to offer $500 million in aggregate principal amount of senior notes due 2033 (the "Notes") in a private placement to eligible purchasers, subject to market conditions.

Delek Logistics intends to use the net proceeds from the offering to repay a portion of the outstanding borrowings under its revolving credit facility.

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