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Delek Logistics Partners, LP Closes $400 Million Senior Notes Offering

Vinson & Elkins Advises Initial Purchasers in $400 Million Senior Notes Offering by Delek Logistics Partners, LP and Delek Logistics Finance Corp. Background Image

Vinson & Elkins advised the initial purchasers in connection with an offering of $400 million in aggregate principal amount of 7.125% senior notes due 2028 at par by Delek Logistics Partners, LP (“Delek Logistics”) and Delek Logistics Finance Corp., a subsidiary of Delek Logistics.

The offering closed on May 24, 2021.

The V&E corporate team was led by partners Gillian Hobson and David Stone, with assistance from senior associate Brett Peace and associates Houston Morgan, Nina Bhatia and Brandon Brunet. Also advising were partners Jim Meyer and Wendy Salinas, senior associate Christine Mainguy and associate David Gilbert; partner Matthew Dobbins, counsel Larry Pechacek and associate Simon Willis; associate Briana Falcon; partner David D’Alessandro; and partner Sean Becker.

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For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 12 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or follow us on Twitter @VinsonandElkins or connect with us on LinkedIn.

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