Market Overview

Delek Logistics Partners, LP Prices 8M Unit IPO at $21/Unit


Delek Logistics Partners (NYSE: DKL) announced today the pricing of its initial public offering
of 8,000,000 common units representing limited partner interests in
Delek Logistics at $21.00 per unit. The underwriters have been granted a
30-day option to purchase up to an additional 1,200,000 common units at
the same price, less underwriting discounts, to cover over-allotments,
if any. The common units are expected to begin trading on the New York
Stock Exchange on November 2, 2012 under the ticker symbol “DKL.” The
offering is expected to close on or about November 7, 2012, subject to
customary closing conditions.

Upon conclusion of the offering, the public will own a 32.7% limited

See full press release

Posted-In: News Guidance Management


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