INDIANAPOLIS, Jan. 12, 2026 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company" or "Calumet") today announced that its wholly owned subsidiaries, Calumet Specialty Products Partners, L.P. (the "Partnership") and Calumet Finance Corp. (together with the Partnership, the "Issuers"), closed their private placement (the "Offering") under Rule 144A and Regulation S under the Securities Act of 1933, as amended, of $405 million in aggregate principal amount of 9.75% Senior Notes due 2031 (the "Notes"). The ...

Company Overview - Calumet, Inc. manufactures, formulates, and markets a diversified slate of specialty branded products and renewable fuels [1] - The company is headquartered in Indianapolis, Indiana and operates twelve facilities throughout North America [1] Upcoming Events - Calumet plans to attend the UBS Global Energy & Utilities Winter Conference on January 13, 2026 [2] - The company will hold one-on-one investor meetings throughout the day of the conference [2]

Core Viewpoint - Calumet, Inc. has announced a private placement of $405 million in 9.75% Senior Notes due 2031, which is an increase from the initial offering size of $350 million, with the offering expected to close on January 12, 2026 [1] Group 1: Offering Details - The Notes will mature on February 15, 2031 and will be issued at 98.996% of par [1] - The Offering is conducted under Rule 144A and Regulation S of the Securities Act of 1933 [1][3] - The proceeds from the Offering will be used to redeem all outstanding 11.00% Senior Notes due 2026 and 8.125% Senior Notes due 2027 [2] Group 2: Company Overview - Calumet, Inc. manufactures, formulates, and markets a diverse range of specialty branded products and renewable fuels [5] - The company is headquartered in Indianapolis, Indiana, and operates twelve facilities across North America [5]

Core Viewpoint - Calumet, Inc. plans to offer $350 million in senior unsecured notes due 2031 to redeem existing senior notes due 2026 and 2027, contingent on market conditions and the completion of a minimum offering of $325 million in senior debt securities [1][2]. Group 1: Offering Details - The offering will be conducted as a private placement under Rule 144A and Regulation S of the Securities Act of 1933 [1][3]. - The net proceeds from the offering, along with cash on hand and borrowings, will be used to redeem all outstanding 11.00% Senior Notes due 2026 and $275 million of 8.125% Senior Notes due 2027 [1][2]. Group 2: Redemption Conditions - Notices of conditional redemption have been delivered for all outstanding 2026 Notes and $275 million of 2027 Notes, with redemption prices at par plus accrued interest [2]. - The redemption dates are set for January 21, 2026, for the 2026 Notes and January 16, 2026, for the 2027 Notes, contingent upon the completion of the offering [2]. Group 3: Company Overview - Calumet, Inc. manufactures and markets a diverse range of specialty branded products and renewable fuels across various consumer and industrial markets [5]. - The company is headquartered in Indianapolis, Indiana, and operates twelve facilities throughout North America [5].

Core Insights - Calumet, Inc. anticipates a net loss between $69 million and $12 million for the year ended December 31, 2025, with Adjusted EBITDA with Tax Attributes expected to range from $285 million to $305 million [2][19]. Financial Performance - The company reported a significant reduction in restricted debt by over $220 million in 2025, attributed to structural cost improvements exceeding $70 million, cost efficiencies of approximately $20 million, and a $110 million divestiture of the Royal Purple Industrial business [3]. - As of December 31, 2025, Calumet had approximately $250 million of liquidity in the Restricted Subsidiaries Group and total liquidity of about $447 million, including restricted cash [3]. Operational Highlights - The company achieved an increase of 1.3 million barrels in annual production, positioning itself for durable free cash flow generation and continued deleveraging in 2026 [3]. - Montana Renewables marked a pivotal year with the successful completion of a U.S. Department of Energy loan, eliminating around $80 million in annual cash debt service, and monetizing over $90 million in producer tax credits during 2025 [3]. Future Outlook - The company is optimistic about the long-term growth and margin outlook for Montana Renewables, especially with the MaxSAF expansion on track for the second quarter of 2026 and anticipated favorable regulatory developments [3].

Company Overview - Calumet, Inc. manufactures, formulates, and markets a diversified slate of specialty branded products and renewable fuels [1] - The company is headquartered in Indianapolis, Indiana and operates twelve facilities throughout North America [1] Upcoming Events - Calumet plans to attend the Goldman Sachs Energy, Clean Tech and Utilities Conference on January 6, 2026 [2] - The company will hold one-on-one investor meetings throughout the day of the conference [2]

Key Points New York City-based Alta Fundamental Advisers sold 459,937 shares of Calumet in the third quarter. The net position change from the previous period was $7.25 million. The move marked a full exit from Calumet, with Alta reporting no shares held as of September 30. These 10 stocks could mint the next wave of millionaires › New York City-based Alta Fundamental Advisers fully exited its position in Calumet (NASDAQ:CLMT) in the third quarter, reducing its holdings by 459,937 shares in a $7 ...

ththINDIANAPOLIS, Dec. 8, 2025 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) ("Calumet") announced today that it plans to attend the Wells Fargo 24 Annual Energy & Power Symposium on Wednesday, December 10 and will hold one-on-one investor meetings throughout the day. About Calumet Calumet, Inc. (NASDAQ: CLMT) manufactures, formulates, and markets a diversified slate of specialty branded products and renewable fuels to customers across a broad range of consumer-facing and industrial markets. Calumet is head ...

Group 1 - Calumet, Inc. plans to attend the Bank of America Leveraged Finance Conference on December 2, 2025, and will hold one-on-one investor meetings throughout the day [1] - The company manufactures, formulates, and markets a diversified range of specialty branded products and renewable fuels for various consumer-facing and industrial markets [2] - Calumet is headquartered in Indianapolis, Indiana, and operates twelve facilities across North America [2] Group 2 - Calumet also announced its participation in the T.D. Cowen 2nd Annual Energy Conference in New York [3] - The company is set to attend the Bank of America Global Energy Conference in Houston [4]

Group 1 - Calumet, Inc. plans to attend the T.D. Cowen 2nd Annual Energy Conference in New York on November 18, 2025, and will hold one-on-one investor meetings throughout the day [1] - Calumet, Inc. manufactures, formulates, and markets a diversified range of specialty branded products and renewable fuels for various consumer-facing and industrial markets [2] - The company is headquartered in Indianapolis, Indiana, and operates twelve facilities across North America [2] Group 2 - Calumet, Inc. also announced plans to attend the Bank of America Global Energy Conference in Houston [3] - The company reported its results for the third quarter ended September 30, 2025 [4]