secwatch.observer — SEC 8-K summary
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Issuer:     Calumet, Inc. /DE (CLMT)
CIK:        0002013745
Form:       8-K
Filed at:   2024-11-25T23:59:59+00:00
Accession:  0001193125-24-265267
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2013745/000119312524265267/0001193125-24-265267-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2013745/000119312524265267/d845387d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-265267

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