# Delek Logistics Partners, LP (DKL) — capital_raise/public_offering [pending]
Source: SEC API (secapi.ai) · situation sit_146843059ec553e7e826 · retrieved 2026-08-16T21:24:06.075Z

## Overview
Delek Logistics Partners, LP is a midstream energy master limited partnership that provides gathering, pipeline and transportation services for crude oil and natural gas, storage, wholesale marketing and terminalling services for intermediate and refined products, and water disposal and recycling services, primarily in the Permian Basin, Delaware Basin and Gulf Coast region.

Delek Logistics Partners, LP announced on August 12, 2026 the pricing of an underwritten public offering of 4,000,000 common units at $50.00 per unit, for aggregate gross proceeds of $200,000,000. The offering is being made pursuant to an effective shelf registration statement. Delek Holdings' ownership stake will decline from 63.0% prior to the offering to approximately 58.0% after the offering (assuming full exercise of the underwriters' 30-day option to purchase up to 600,000 additional common units). The offering is expected to settle and close on August 14, 2026, subject to customary closing conditions. Net proceeds will be used to repay outstanding borrowings under the Partnership's revolving credit agreement and for general partnership purposes.

## Terms
- Deal value: $175.0M · Consideration: cash · Stake: 58% · Price/share: $50

## Key dates
- Announced 2026-08-12 · Expected close 2026-08-14

## Timeline
- 2026-08-12 · 8-K (0001193125-26-346821): 8-K - Delek Logistics Partners, LP — *Delek Logistics Partners, LP is a midstream energy master limited partnership that provides gathering, pipeline and transportation services for crude oil and natural gas, storage, wholesale marketing and terminalling services for intermediate and refined products, and water disposal and recycling services, primarily in the Permian Basin, Delaware Basin and Gulf Coast region.* Delek Logistics Partners, LP announced on August 12, 2026 the commencement of an underwritten public offering of $175 million of common units representing limited partner interests. The Partnership intends to grant underwriters a 30-day option to purchase up to an additional $26.25 million of common units. Net proceeds will be used to repay outstanding borrowings under its revolving credit agreement and for general partnership purposes. Truist Securities, Inc., Mizuho, and Raymond James & Associates, Inc. are acting as joint book-running managers.
  https://www.sec.gov/Archives/edgar/data/1552797/0001193125-26-346821.txt
- 2026-08-13 · 8-K (0001193125-26-347734): 8-K - Delek Logistics Partners, LP — *Delek Logistics Partners, LP is a midstream energy master limited partnership that provides gathering, pipeline and transportation services for crude oil and natural gas, storage, wholesale marketing and terminalling services for intermediate and refined products, and water disposal and recycling services, primarily in the Permian Basin, Delaware Basin and Gulf Coast region.* Delek Logistics Partners, LP announced on August 12, 2026 the pricing of an underwritten public offering of 4,000,000 common units at $50.00 per unit, for aggregate gross proceeds of $200,000,000. The offering is being made pursuant to an effective shelf registration statement. Delek Holdings' ownership stake will decline from 63.0% prior to the offering to approximately 58.0% after the offering (assuming full exercise of the underwriters' 30-day option to purchase up to 600,000 additional common units). The offering is expected to settle and close on August 14, 2026, subject to customary closing conditions. Net proceeds will be used to repay outstanding borrowings under the Partnership's revolving credit agreement and for general partnership purposes.
  https://www.sec.gov/Archives/edgar/data/1552797/0001193125-26-347734.txt

## Citations
- 0001193125-26-346821 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526346821
- 0001193125-26-347734 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526347734