Delek Logistics Partners Closes Public Offering of 4.6M Units at $50

What Happened
Delek Logistics Partners, LP (DKL) announced on August 14, 2026 that it closed an underwritten public offering of 4,600,000 common units representing limited partner interests at $50.00 per unit. The total offering included 600,000 common units sold pursuant to the underwriters’ full exercise of their option to purchase additional units. The Partnership issued a press release dated August 14, 2026 reporting the closing.

Key Details

• Offering closed: August 14, 2026 (press release filed as Exhibit 99.1).
• Units sold: 4,600,000 common units; includes 600,000 units from underwriters’ full exercise.
• Price per unit: $50.00.
• Implied gross proceeds: approximately $230,000,000 (4,600,000 units × $50.00) before underwriting discounts and expenses.

Why It Matters
This transaction raised capital for the Partnership and increased the number of publicly held common units, which can affect unit supply and investor ownership percentages. Retail investors should note the size of the offering and review Delek Logistics’ press release and future filings for details on the use of proceeds and any impacts on distributions or outstanding unit counts.