debt
confidence high
sentiment neutral
materiality 0.55
Calumet amends credit agreement, extends maturity to 2031, commits $500M
Calumet, Inc. /DE
- Maturity extended to January 23, 2031 under Ninth Amendment to credit agreement.
- Commitments of $500.0 million, subject to borrowing base limitations.
- If inventory financing transaction consummated, commitments reduce to $425.0 million.
- Liens on refinery collateral released following effectiveness of amendment.
- Covenants revised to permit new inventory financing transactions.
item 1.01item 2.03item 9.01