Delek Logistics to sell 4 million common units at $50.00 each in public offering
Delek Logistics Partners agreed on August 12, 2026 to sell 4,000,000 common units to the public through underwriters led by Truist Securities, Mizuho Securities USA and Raymond James. The filing also gives the underwriters a 30-day option to buy up to 600,000 more units. The sale adds new units to the partnership's equity, which would dilute existing unitholders' ownership.
Key points
- Underwriters hold a 30-day option to purchase up to 600,000 additional units on the same terms
- Units are sold under a Form S-3 shelf registration filed April 26, 2024 and a prospectus supplement dated August 12, 2026
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 14, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.