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Delek US Holdings, Inc. (DK) Plans $400M Convertible Notes Due 2031

Delek US Holdings plans to offer $400M of convertible senior notes due 2031, with a $60M option. Proceeds will fund capped calls and general purposes, including partial repayment of its term loan.Material DetailsContext by AI AnalystThis is a balance sheet action to refinance debt and manage potent…

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