Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Delek US Plans $400 Million Convertible Senior Notes Offering

Delek US Plans $400 Million Convertible Senior Notes Offering

MT newswireMT newswire2026/09/24 11:59
07:59 AM EDT, 09/24/2026 (MT Newswires) -- Delek US (DK) plans to raise $400 million through a private offering of convertible senior notes due 2031, the company said Thursday. Initial purchasers are expected to have a 13-day option to buy up to an additional $60 million of the notes, the company said. Delek plans to use part of the proceeds for capped call transactions and the remainder for general corporate purposes, including partial repayment of its term loan, it added. Delek US shares were down 8.3% in premarket activity.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Anthropic "accidentally" leaks IPO documents! Plans to raise $69.3 billion, valuation drops from 2 trillion to 1.3 trillion

Anthropic mistakenly published and then withdrew a prospectus for a planned $69.3 billion fundraising, with its valuation dropping from a peak of $2 trillion to between $1.1 trillion and $1.3 trillion.

智通财经•2026/11/10 04:31

Citi: Occidental Petroleum (OXY.US) Q3 cash flow surpasses expectations, accelerated debt repayment cannot hide concerns over Q4 output

Citi published a research report maintaining Occidental Petroleum's "Neutral" rating, with a target price of $65.

智通财经•2026/11/10 04:12