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Filing type: Form 4 filed for Delek Logistics Partners, LP (DKL).
Key facts:
- Reporting person: Spiegel Reuven (Director; Executive Vice President, DKL).
- Transaction date: 07/29/2025; sale of 500 common units at $45.00 per unit pursuant to a 10b5-1 plan adopted 03/06/2025.
- Securities beneficially owned following the transaction: 26,434 common units (direct).
- Form signed 07/30/2025 by Misty Lavender, Attorney in Fact, and notes the filing was late due to an inadvertent administrative error.
Delek Logistics Partners (NYSE:DKL) filed an 8-K (Item 8.01) disclosing that it and Delek Logistics Finance Corp. have priced an upsized $700 million offering of 7.375% senior notes due 2033. The notes were marketed under Rule 135c and replace no prior securities noted in the filing. Proceeds will add to the partnership’s liquidity but also raise leverage and interest expense because of the relatively high coupon. Other than the inclusion of the press release (Ex. 99.1) and XBRL cover data, no additional financial statements or strategic updates were provided.