---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-242925"
form_type: "8-K"
ticker: "CLMT"
cik: "0002013745"
company_name: "Calumet, Inc. /DE"
filed_at: "2024-10-24T23:59:59+00:00"
generated_at: "2026-05-30T10:41:53.251402+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Calumet launches debt exchange for 2025 notes; preliminary Q3 net loss up to $110M

## Summary
- Exchange offer for $363.5M 11% senior notes due 2025 to new 11% notes due April 2026; 69% of holders support.
- Preliminary Q3 2024 net loss expected $90-110M; Adjusted EBITDA $45-55M.
- Exchange offer requires minimum 80% tender; early tender deadline Nov 5, 2024.
- New notes redeemable at 101% before May 15, 2025, then at par thereafter.
- Exchange aims to extend maturity and manage liquidity; Settlement date expected Nov 25, 2024.

## SEC filing metadata
- accession: 0001193125-24-242925
- form_type: 8-K
- ticker: CLMT
- cik: 0002013745
- company_name: Calumet, Inc. /DE
- filed_at: 2024-10-24T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2013745/000119312524242925/0001193125-24-242925-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2013745/000119312524242925/d851905d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-242925
- JSON: https://secwatch.observer/filing/0001193125-24-242925.json
- Plain text: https://secwatch.observer/filing/0001193125-24-242925.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.