05:43 PM EDT, 08/12/2026 (MT Newswires) -- Delek Logistics Partners ( DKL ) said late Wednesday it commenced an underwritten public offering of $175 million of common units representing limited partner interests in Delek Logistics ( DKL ), subject to market and other closing conditions.

The company said it plans to allow the underwriters a 30-day option to buy up to an additional $26.25 million of common units.

It intends to use the net proceeds from the offering to repay outstanding debt under its revolving credit agreement and for general partnership purposes, the company said.

Shares of the company fell 13% in after-hours trading.