09:25 AM EDT, 08/13/2024 (MT Newswires) -- Delek Logistics Partners ( DKL ) said Tuesday that it plans to offer, along with its Delek Logistics Finance subsidiary, $100 million of additional 8.625% senior notes due 2029 in a private placement.

The notes will be issued under the same indenture as the $650 million of 8.625% notes due 2029, issued on March 13, and the $200 million of 8.625% notes due 2029, issued on April 12, according to the company.

Net proceeds will be used to repay part of the borrowings under a revolving credit facility, the company said.