secwatch.observer — SEC 8-K summary
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Issuer:     Calumet, Inc. /DE (CLMT)
CIK:        0002013745
Form:       8-K
Filed at:   2026-03-17T23:59:59+00:00
Accession:  0001193125-26-111210
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Calumet issues $150M of additional 9.75% Senior Notes due 2031, to repay revolver
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2013745/000119312526111210/0001193125-26-111210-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2013745/000119312526111210/d23263d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-111210

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