Delek Logistics prices 4M common units at $50
Delek Logistics Partners, LP entered into an Underwriting Agreement on August 12, 2026 to issue and sell 4,000,000 common units representing limited partner interests at $50.00 per unit in a public offering.
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Rhea-AI Filing Summary
Delek Logistics Partners, LP entered into an Underwriting Agreement on August 12, 2026 to issue and sell 4,000,000 common units representing limited partner interests at $50.00 per unit in a public offering. The underwriters also received a 30-day option to purchase up to an additional 600,000 common units on the same terms. The units are being offered by the partnership under an effective registration statement on Form S-3, using a base prospectus and prospectus supplements, with Truist Securities, Mizuho Securities USA, and Raymond James & Associates acting as joint book-running managers. The agreement includes customary representations, covenants, indemnification, and contribution provisions.
Filing Explained
The August 12 underwriting agreement places 4,000,000 common units into a public offering, while the additional 600,000 units remain a 30-day purchase option; if units are issued, the higher unit count would reduce existing holders’ percentage ownership.
8-K Event Classification
Key Figures
Key Terms
Underwriting Agreement financial
registration statement on Form S-3 regulatory
prospectus supplement regulatory
Rule 424(b) regulatory
common units representing limited partner interests financial
Offering Details
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity offering did DKL announce in this 8-K filing?
How many Delek Logistics Partners (DKL) units may be sold including the underwriters’ option?
What is the offering price of DKL’s common units in this transaction?
Under what registration statement is Delek Logistics Partners (DKL) conducting this offering?
Who are the joint book-running managers for the DKL common unit offering?
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 1.01 | Entry into a Material Definitive Agreement. |
On August 12, 2026, Delek Logistics Partners, LP (the “Partnership”) entered into an underwriting agreement (the “Underwriting Agreement”) by and among the Partnership, Delek Logistics GP, LLC, a Delaware limited liability company and the general partner of the Partnership, and Truist Securities, Inc., Mizuho Securities USA LLC, and Raymond James & Associates, Inc., as joint book-running managers and representatives of the several underwriters named on Schedule A thereto (collectively, the “Underwriters”), pursuant to which the Underwriters agreed to sell to the public 4,000,000 common units representing limited partner interests in the Partnership (“Firm Units”) at a price of $50.00 per Unit (the “Offering”). Pursuant to the Underwriting Agreement, the Partnership also granted the Underwriters a 30-day option to purchase up to an additional 600,000 common units (the “Option Units,” and together with the Firm Units, the “Units”) on the same terms.
The Underwriting Agreement contains customary representations, warranties, and covenants of the Partnership and also provides for customary indemnification by each of the Partnership and the Underwriters against certain liabilities and customary contribution provisions in respect of those liabilities.
The Units are being offered and sold by the Partnership to or through the Underwriters under a registration statement on Form S-3 originally filed with the Securities and Exchange Commission (the “Commission”) on April 26, 2024 (File No. 333-278939) and declared effective on May 7, 2024, including the prospectus contained therein, as supplemented by a prospectus supplement dated October 8, 2024 and as further supplemented by a prospectus supplement dated August 12, 2026, in accordance with the provisions of Rule 424(b) of the rules and regulations of the Commission under the Securities Act of 1933, as amended.
The foregoing description of the Underwriting Agreement is qualified in its entirety by reference to the Underwriting Agreement, a copy of which is attached hereto as Exhibit 1.1 and incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
| 1.1 | Underwriting Agreement, dated August 12, 2026, by and among Delek Logistics Partners, LP, Delek Logistics GP, LLC, and Truist Securities, Inc., Mizuho Securities USA LLC, and Raymond James & Associates, Inc., as joint book-running managers and representatives of the several underwriters named therein. | |
| 5.1 | Opinion of Bradley Arant Boult Cummings LLP. | |
| 8.1 | Opinion of Baker Botts L.L.P. regarding certain tax matters. | |
| 23.1 | Consent of Bradley Arant Boult Cummings LLP (included in Exhibit 5.1) | |
| 23.2 | Consent of Baker Botts L.L.P. (included in Exhibit 8.1). | |
| 104 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Dated: August 14, 2026 | DELEK LOGISTICS PARTNERS, LP By: Delek Logistics GP, LLC its general partner | |||
| /s/ Robert Wright | ||||
| Name: Robert Wright Title: Executive Vice President and Chief Financial Officer | ||||