{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-25-009845","form_type":"8-K","ticker":"CLMT","cik":"0002013745","company_name":"Calumet, Inc. /DE","filed_at":"2025-07-31T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.815788+00:00","generated_at":"2026-05-17T22:30:32.712083+00:00","sec_items":["1.01","1.02","2.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Calumet closes $120M sale-leaseback with Stonebriar, will redeem $80M of 2026 Notes","bullets":["Extended Shreveport terminal sale-leaseback from $70M to $120M; net proceeds $80M after repaying prior $40M balance.","Monthly rent $1.8M, cost of capital 10.75%, 7-year term with option to repurchase after 6 years for ~$42M.","Calumet delivered notice to redeem $80M aggregate principal of its 11.00% Senior Notes due 2026 at par, redemption date Aug 12, 2025.","CEO Todd Borgmann cites Shreveport reliability improvements driving asset value increase."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-25-009845","json":"https://secwatch.observer/filing/0001558370-25-009845.json","markdown":"https://secwatch.observer/filing/0001558370-25-009845.md","text":"https://secwatch.observer/filing/0001558370-25-009845.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2013745/000155837025009845/0001558370-25-009845-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2013745/000155837025009845/clmt-20250725x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T22:30:32.712083+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":"b7b593b4706e050c304323c5489d447909acab08","claim":"Calumet, Inc. /DE incurred lease obligation of approximately $120 million with Stonebriar Commercial Finance LLC at approximately 10.75% per year maturing seven-year term.","evidence_excerpt":"2”) with Stonebriar Commercial Finance LLC (“Stonebriar”). Property Schedule No. 2 supplements the Master Lease Agreement, dated as of February 12, 2021 (the “Master Lease” and, together with Property Schedule No.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/2013745/000155837025009845/0001558370-25-009845-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"lease obligation"},{"label":"Principal","value":"approximately $120 million"},{"label":"Counterparty","value":"Stonebriar Commercial Finance LLC"},{"label":"Rate","value":"approximately 10.75% per year"},{"label":"Maturity","value":"seven-year term"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}