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StocksUpdated×3•Originally published 4 May 2026•Updated 5 May 2026•

1 min read

Solaris Energy Launches $1.3 Billion Offering as Delek Logistics Prices Senior Notes

Key Facts

1Delek Logistics Partners intends to offer $800 million in aggregate principal amount of senior notes due 2034.

2The company intends to use the net proceeds to repurchase all of its outstanding 7.125% Senior Notes.

The energy infrastructure sector is seeing significant activity as Solaris Energy Infrastructure launched a substantial $1.3 billion notes offering. This follows the announcement from Delek Logistics Partners (NYSE: DKL) regarding the pricing of its $800 million senior notes due 2034 at 6.875%. Delek intends to utilize its proceeds to repurchase its outstanding 7.125% notes and partially redeem its 8.625% notes due 2029. The Delek offering is slated to close on May 14, 2026, aiming to optimize the company's balance sheet and extend debt maturities. Together, these moves by Solaris and Delek highlight a broader trend of energy firms leveraging capital markets to strengthen their financial positions. These strategic refinancings are designed to reduce interest expenses and secure long-term liquidity amidst evolving market conditions.

29 days ago

Version History

Version 329 days ago

What changed: The story was updated to include Solaris Energy Infrastructure's new $1.3 billion notes offering alongside the existing Delek Logistics refinancing details.

Version 2about 1 month ago

What changed: Added the DKL ticker symbol, specified the expected closing date of May 14, 2026, and clarified the interest rate of the 2029 notes being redeemed as 8.625%.

Version 1about 1 month ago

What changed: Updated to include the finalized 6.875% coupon rate and the newly announced $400 million partial redemption of the 2029 notes.