Delek Logistics Partners LP Completes Initial Public Offering

Wednesday, 7 Nov 2012 04:30pm EST 

Delek Logistics Partners LP announced that it has completed its initial public offering of 9,200,000 common units representing limited partner interests in Delek Logistics at $21.00 per unit. The number of common units issued at closing included 1,200,000 common units that were issued pursuant to the full exercise of the underwriters’ over-allotment option. Delek Logistics received net proceeds of approximately $179.7 million from the offering, after deducting the underwriting discount and structuring fee, but before taking into account estimated offering expenses. The common units trade on the New York Stock Exchange under the symbol “DKL.” 

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