Delek Logistics Partners, LP - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Delek Logistics Partners, LP on August 12, 2026. The filing reports the entry into a material definitive agreement regarding a public equity offering.
Key Financial Metrics and Transaction Details
The Partnership entered into an underwriting agreement to sell common units representing limited partner interests. Key transaction metrics include:
- Firm Offering: 4,000,000 common units at a price of $50.00 per unit.
- Option Offering: Underwriters were granted a 30-day option to purchase up to an additional 600,000 common units.
- Underwriters: Truist Securities, Inc., Mizuho Securities USA LLC, and Raymond James & Associates, Inc. (joint book-running managers).
- Registration: The offering is conducted under a Form S-3 registration statement originally filed on April 26, 2024.
Note: This filing does not provide specific revenue, profit, cash flow, margin, debt, or liquidity figures for the reporting period.
Material Changes
The primary material change reported is the execution of the underwriting agreement for the sale of new equity units. No other material changes to financial position or operations are detailed in this specific filing.
Guidance, Outlook, and Risks
The filing does not contain updated financial guidance, management commentary on future outlook, or specific risk factors beyond the customary representations and warranties included in the Underwriting Agreement. The agreement includes standard indemnification and contribution provisions.
Investor Verification Checklist
- Verify the final closing date and total proceeds from the offering, including whether the 600,000 option units were exercised.
- Review the full Underwriting Agreement (Exhibit 1.1) for specific covenants and use of proceeds.
- Confirm the impact of the new equity issuance on the Partnership's capital structure and diluted unit count.
- Check subsequent filings for the final prospectus supplement details and any changes to the offering price.