Calumet Announces Pricing of $150 Million Private Placement of Additional 9.75% Senior Notes due 2031

Core Viewpoint - Calumet, Inc. has announced a private placement of $150 million in additional 9.75% Senior Notes due 2031, aimed at repaying outstanding borrowings under its revolving credit facility [1] Group 1: Offering Details - The private placement is priced at 105% of par and is expected to close on March 17, 2026, subject to customary closing conditions [1] - The additional notes will mature on February 15, 2031, and will form a single series with existing notes issued on January 12, 2026, totaling $405 million [1] Group 2: Use of Proceeds - The net proceeds from the offering will be utilized to repay outstanding borrowings under Calumet's revolving credit facility [1] Group 3: Regulatory Information - The securities will not be registered under the Securities Act or any state securities laws and will be offered only to qualified institutional buyers and non-U.S. persons outside the United States [1]