{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-178659","form_type":"8-K","ticker":null,"cik":"0001340122","company_name":"Calumet Specialty Products Partners, L.P.","filed_at":"2023-06-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.504904+00:00","generated_at":"2026-06-13T14:45:10.480753+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Calumet issues $325M 9.75% senior notes due 2028, tenders $121M of 2024/2025 notes","bullets":["Issued $325M of 9.75% Senior Notes due 2028 at par, net proceeds ~$319.1M after discounts and expenses.","Used ~$125.5M of proceeds on June 28 to buy back $21M of 9.25% 2024 secured notes and $100M of 11.00% 2025 notes.","Tendered 2025 notes oversubscribed; accepted only $100M of $183.5M tendered, at ~54.5% proration.","Plans to redeem remaining 2024 secured notes after July 15, 2023 at par plus accrued interest.","New notes mature July 15, 2028, with semi-annual interest payments starting Jan 15, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-178659","json":"https://secwatch.observer/filing/0001193125-23-178659.json","markdown":"https://secwatch.observer/filing/0001193125-23-178659.md","text":"https://secwatch.observer/filing/0001193125-23-178659.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1340122/000119312523178659/0001193125-23-178659-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1340122/000119312523178659/d506390d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T14:45:10.480753+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0c02c848aecfff4c1dd2f91f2b8f9d7b51ff1f9e","claim":"Calumet Specialty Products Partners, L.P. incurred senior notes of $325.0 million with Wilmington Trust, National Association at 9.75% maturing July 15, 2028.","evidence_excerpt":"On June 27, 2023, Calumet Specialty Products Partners, L.P. (the “Partnership”) and Calumet Finance Corp. (“Finance Corp.” and, together with the Partnership, the “Issuers”) issued $325.0 million aggregate principal amount of a new series of the Issuers’ 9.75% Senior Notes due 2028 (the “Notes”) in a private placement conducted pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1340122/000119312523178659/0001193125-23-178659-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$325.0 million"},{"label":"Counterparty","value":"Wilmington Trust, National Association"},{"label":"Rate","value":"9.75%"},{"label":"Maturity","value":"July 15, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"323fdd5508e5bd2534cf91bbea3fb2d74cc02093","claim":"Calumet Specialty Products Partners, L.P. entered into Indenture with Wilmington Trust, National Association valued at $325.0 million (effective 2023-06-27).","evidence_excerpt":"On June 27, 2023, Calumet Specialty Products Partners, L.P. (the “Partnership”) and Calumet Finance Corp. (“Finance Corp.” and, together with the Partnership, the “Issuers”) issued $325.0 million aggregate principal amount of a new series of the Issuers’ 9.75% Senior Notes due 2028 (the “Notes”) in a private placement conducted pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1340122/000119312523178659/0001193125-23-178659-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Wilmington Trust, National Association"},{"label":"Value","value":"$325.0 million"},{"label":"Effective","value":"2023-06-27"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}