Delek Logistics to use new note proceeds to pay down revolver

By Mary-Katherine Stinson

Lexington, Ky., April 12 – Delek Logistics Partners, LP plans to use net proceeds from a planned offering of additional 8 5/8% senior notes due 2029 to repay a portion of the outstanding borrowings under its revolving credit facility, according to 8-K filing with the Securities and Exchange Commission.

Brentwood, Tenn.-based Delek is an energy master limited partnership.

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