{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-111210","form_type":"8-K","ticker":"CLMT","cik":"0002013745","company_name":"Calumet, Inc. /DE","filed_at":"2026-03-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.993833+00:00","generated_at":"2026-05-15T11:04:00.376527+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Calumet issues $150M of additional 9.75% Senior Notes due 2031, to repay revolver","bullets":["Issued $150M of 9.75% Senior Notes due 2031 at 105% of par; net proceeds ~$154.9M after discount and expenses.","Additional Notes form a single series with $405M existing notes from Jan 12, 2026; mature Feb 15, 2031.","Proceeds used to immediately repay outstanding borrowings under revolving credit facility.","CFO expects additional liquidity to reduce 2028 notes when call premium steps down in July."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-111210","json":"https://secwatch.observer/filing/0001193125-26-111210.json","markdown":"https://secwatch.observer/filing/0001193125-26-111210.md","text":"https://secwatch.observer/filing/0001193125-26-111210.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2013745/000119312526111210/0001193125-26-111210-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2013745/000119312526111210/d23263d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T11:04:00.376527+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e159ebb88c2c401ead3a039a03b779c4779c9bb2","claim":"Calumet, Inc. /DE incurred senior notes of $150.0 million aggregate principal amount with Wilmington Trust, National Association at 9.75% maturing February 15, 2031.","evidence_excerpt":"On March 17, 2026, Calumet Specialty Products Partners, L.P. (the “Partnership”) and Calumet Finance Corp. (“Finance Corp.” and, together with the Partnership, the “Issuers”), each a subsidiary of Calumet, Inc. (the “Company”), issued $150.0 million aggregate principal amount of the Issuers’ 9.75% Senior Notes due 2031 (the “Additional Notes”) in a private placement conducted pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/2013745/000119312526111210/0001193125-26-111210-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$150.0 million aggregate principal amount"},{"label":"Counterparty","value":"Wilmington Trust, National Association"},{"label":"Rate","value":"9.75%"},{"label":"Maturity","value":"February 15, 2031"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"be22f96b35edca0d5989728bc1d7e0ce46820d9a","claim":"Calumet, Inc. /DE entered into 9.75% Senior Notes due 2031 with initial purchasers valued at $150,000,000 aggregate principal amount, issued at 105% of par, plus accrued interest; net proceeds (effective 2026-03-17).","evidence_excerpt":"On March 17, 2026, Calumet Specialty Products Partners, L.P. (the “Partnership”) and Calumet Finance Corp. (“Finance Corp.” and, together with the Partnership, the “Issuers”), each a subsidiary of Calumet, Inc. (the “Company”), issued $150.0 million aggregate principal amount of the Issuers’ 9.75% Senior Notes due 2031 (the “Additional Notes”) in a private placement conducted pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2013745/000119312526111210/0001193125-26-111210-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"initial purchasers"},{"label":"Value","value":"$150,000,000 aggregate principal amount, issued at 105% of par, plus accrued interest; net proceeds"},{"label":"Effective","value":"2026-03-17"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}