9.75% Senior Notes due 2031
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Calumet Announces $150 Million Private Placement of Additional 9.75% Senior Notes due 2031
Prnewswire· 2026-03-12 11:52
Core Viewpoint - Calumet, Inc. plans to conduct a private placement of $150 million in additional 9.75% Senior Notes due 2031 to repay outstanding borrowings under its revolving credit facility [1][1][1] Group 1: Offering Details - The offering will be made by Calumet's wholly owned subsidiaries, Calumet Specialty Products Partners, L.P. and Calumet Finance Corp. [1] - The additional notes will be a further issuance of the existing 9.75% Senior Notes due 2031, of which $405 million was previously issued on January 12, 2026 [1][1] - The additional notes will have the same terms as the existing notes, except for the initial offering price [1] Group 2: Regulatory Information - The securities will not be registered under the Securities Act or any state securities laws and can only be offered to qualified institutional buyers and non-U.S. persons outside the United States [1][1] - The offering is subject to market conditions and will be conducted under Rule 144A and Regulation S of the Securities Act [1][1] Group 3: Company Overview - Calumet, Inc. manufactures, formulates, and markets a diverse range of specialty branded products and renewable fuels across various consumer and industrial markets [1] - The company is headquartered in Indianapolis, Indiana, and operates twelve facilities throughout North America [1]