---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-251707"
form_type: "8-K"
ticker: "CLMT"
cik: "0002013745"
company_name: "Calumet, Inc. /DE"
filed_at: "2024-11-06T23:59:59+00:00"
generated_at: "2026-05-30T04:53:17.800883+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Calumet exchanges ~97.5% of 2025 notes for new 11% notes due 2026

## Summary
- $354.4M of $363.5M outstanding 11% notes due 2025 tendered (97.5% participation).
- Early exchangers receive $1,000 principal of new 11% notes due April 2026 per $1,000 old notes.
- Base exchange consideration of $950 per $1,000; early premium adds $50 per $1,000.
- Exchange offer expires Nov 21, 2024; settlement expected Nov 25, 2024.
- New notes rank equal with existing senior debt; redeemable at 101% par until May 15, 2025.

## SEC filing metadata
- accession: 0001193125-24-251707
- form_type: 8-K
- ticker: CLMT
- cik: 0002013745
- company_name: Calumet, Inc. /DE
- filed_at: 2024-11-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2013745/000119312524251707/0001193125-24-251707-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2013745/000119312524251707/d894722d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-251707
- JSON: https://secwatch.observer/filing/0001193125-24-251707.json
- Plain text: https://secwatch.observer/filing/0001193125-24-251707.txt

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