04:11 AM EDT, 08/13/2026 (MT Newswires) -- Delek Logistics Partners ( DKL ) said Wednesday it priced an underwritten public offering of 4 million units at $50 each for gross proceeds of $200 million.

The company said it granted underwriters a 30-day option to purchase up to 600,000 additional units.

Delek Logistics ( DKL ) plans to use the net proceeds from the offering, expected to close Friday, to repay borrowings under its revolving credit facility and for general partnership purposes.

Delek US Holdings will not participate in the offering, resulting in reduction of its ownership stake to about 58% from 63% if the option is fully exercised, it added.

The offering is expected to close Aug. 14, subject to customary closing conditions.