---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-033537"
form_type: "8-K"
ticker: "CLMT"
cik: "0002013745"
company_name: "Calumet, Inc. /DE"
filed_at: "2025-02-24T23:59:59+00:00"
generated_at: "2026-05-26T06:30:23.571551+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Calumet subsidiary MRL draws $782M DOE loan; terminates Stonebriar leases and other debt

## Summary
- MRL received ~$782M first tranche of $1.44B DOE guaranteed loan on Feb 18, 2025.
- Repurchased hydrocracker from Stonebriar for $222M and two other facilities for ~$170M.
- Repaid $83.8M term loan ($9.4M make-whole), $26.7M revolver, $32.5M inventory financing.
- All prior MRL Asset Financing, Term Loan, Revolving Credit, and Inventory Financing agreements terminated.
- DOE facility provides long-term financing for MRL's renewable diesel operations.

## SEC filing metadata
- accession: 0001193125-25-033537
- form_type: 8-K
- ticker: CLMT
- cik: 0002013745
- company_name: Calumet, Inc. /DE
- filed_at: 2025-02-24T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.02, 2.01, 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2013745/000119312525033537/0001193125-25-033537-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2013745/000119312525033537/d894871d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-033537
- JSON: https://secwatch.observer/filing/0001193125-25-033537.json
- Plain text: https://secwatch.observer/filing/0001193125-25-033537.txt

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