Delek US Holdings Announces Pricing of Upsized Secondary Offering by Selling Stockholder
Delek US Holdings, Inc. (NYSE: DK) (“Delek US”) announced today the
pricing of an underwritten secondary offering of 9,000,000 shares of its
common stock offered by Delek Hungary Holding Limited Liability Company
(the “Selling Stockholder”) at $39.50 per share. The underwriters have
been granted a 30-day option to purchase up to an additional 1,350,000
shares of common stock from the Selling Stockholder at the same price,
less underwriting discounts. The offering was upsized to 9,000,000
shares of common stock from the original offering size of 7,825,000
shares of common stock. The offering is expected to close on or about
March 20, 2013, subject to customary closing conditions.
Barclays Capital Inc., Deutsche Bank Securities Inc., Credit Suisse
Securities (USA) LLC and Goldman, Sachs & Co. are acting as joint
book-running managers for the offering.
A shelf registration statement (including a prospectus) for the offering
to which this communication relates was previously filed by Delek US
with the U.S. Securities and Exchange Commission (“SEC”) and became
effective on February 7, 2011. A preliminary prospectus relating to the
offering has been filed with the SEC. The offering will be made only by
means of a prospectus supplement and accompanying base prospectus.
Copies of the prospectus supplement and the accompanying prospectus
relating to these securities may be obtained without charge from:
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Barclays Capital Inc.
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
Telephone: 1-888-603-5847
barclaysprospectus@broadridge.com
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Deutsche Bank Securities Inc.
Attention: Prospectus Department
60 Wall Street
New York, NY 10005-2836
Telephone: 1-800-503-4611
Email: prospectus.cpdg@db.com
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Credit Suisse Securities (USA) LLC
c/o Credit Suisse Prospectus Department
One Madison Avenue
New York, NY 10010
Telephone: 1-800-221-1037
Email:
newyork.prospectus@credit-suisse.com
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Goldman, Sachs & Co.
Attention: Prospectus Department
200 West Street
New York, NY 10282
Telephone: 866-471-2526
E-mail:prospectus-ny@ny.email.gs.com
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This press release shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of these
securities in any state or jurisdiction in which such an offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
Safe Harbor Provisions Regarding Forward-Looking Statements
This press release contains “forward-looking” statements within the
meaning of the federal securities laws. These statements contain words
such as “possible,” “intend,” “will,” “if” and “expect” and can be
impacted by numerous factors, including the risk that the offering may
not be consummated. There can be no assurance that actual results will
not differ from those expected by management of Delek US. Delek US
undertakes no obligation to update or revise such forward-looking
statements to reflect events or circumstances that occur, or which Delek
US becomes aware of, after the date hereof.
About Delek US Holdings
Delek US Holdings, Inc. is a diversified downstream energy company with
assets in petroleum refining, logistics and convenience store retailing.