Delek Logistics Partners prices $800M senior notes

* Delek Logistics Partners (DKL [https://seekingalpha.com/symbol/DKL]), along with Delek Logistics Finance, a subsidiary of Delek Logistics, priced [https://seekingalpha.com/pr/20499689-delek-logistics-partners-lp-announces-pricing-of-offering-of-800-million-of-senior-notes] an offering of $800M in aggregate principal amount of 6.875% senior notes due 2034 at par.
* The offering is expected to close May 14, 2026.
* Net proceeds will primarily fund the repurchase or redemption of all 2028 notes via the tender offer and remaining funds will redeem $400M of the 8.625% senior notes due 2029 at 104.313% of principal, plus cover related fees.
* The stock price traded about 2% higher on Monday during after-market hours of trade.

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