Calumet exchanges $354.4M of 11% notes due 2025 for new 2026 notes; redeems remaining $9.1M

Calumet, Inc. /DE

$354.4M principal (97.5% of outstanding Old Notes) exchanged for new 11% Senior Notes due April 15, 2026.
Remaining $9.1M Old Notes to be fully redeemed at par plus accrued interest on December 10, 2024.
New Notes callable at 101% prior to May 14, 2025; thereafter at 100%. Interest payable semi-annually.
New Notes guaranteed by Calumet, Inc. and most subsidiaries on a senior unsecured basis.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.