Delek to repay some revolver debt with proceeds of note offering

By Wendy Van Sickle

Columbus, Ohio, May 15 – Delek Logistics Partners, LP plans to repay a portion of borrowings outstanding under its revolving credit facility with proceeds of an offering of $250 million of senior unsecured notes due 2025, according to a press release.

Delek Logistics Partners, based in Brentwood, Tenn., is a master limited partnership formed by Delek US Holdings, Inc. to own, operate, acquire and construct crude oil and refined products logistics and marketing assets.

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