NYSE:DKLOil and Gas
How Delek Logistics Partners’ New US$1.30 Billion Credit Facility Has Changed Its Investment Story (DKL)
In March 2026, Delek Logistics Partners entered into a new US$1.30 billion revolving credit agreement with a bank syndicate led by Truist Bank, replacing its prior credit and term loan facilities and extending potential maturity to March 2031, subject to certain conditions.
The expanded facility, with an accordion feature tied to EBITDA and more flexible covenants, meaningfully increases the partnership’s financial flexibility for working capital, acquisitions, and general corporate uses...