Delek Logistics Partners, LP files for a $135 million US IPO


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Delek Logistics Partners, an LP formed by Delek to own and operate crude oil and refined products logistics and other marketing assets in the southeastern US and west Texas regions, filed on Thursday with the SEC to raise up to $135 million in an initial public offering. Delek US Holdings trades on the NYSE under the ticker DK.

The Brentwood, TN-based company, which was founded in 2012 and booked $824 million in sales for the 12 months ended 3/31/2012, plans to list on the NYSE under the symbol DKL. BofA Merrill Lynch and Barclays are the joint bookrunners on the deal. No pricing terms were disclosed.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines , IPOs

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