secwatch.observer — SEC 8-K summary
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Issuer:     Calumet, Inc. /DE (CLMT)
CIK:        0002013745
Form:       8-K
Filed at:   2025-01-10T23:59:59+00:00
Accession:  0002013745-25-000006
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Calumet subsidiary closes $1.44B DOE loan guarantee for SAF expansion
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- Initial tranche of $782M expected to fund this month; Calumet to invest additional $150M equity.
- Expansion targets 300M gallons/year SAF capacity; combined SAF+RD capacity of 330M gallons/year.
- Second tranche disbursed during construction (2025-2028); 15-year tenor at U.S. Treasury + 3/8%.
- Servicing deferred until MaxSAF project commissioned; economic impact: 450 construction jobs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2013745/000201374525000006/0002013745-25-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2013745/000201374525000006/clmt-20250110x8k.htm
  HTML page:      https://secwatch.observer/filing/0002013745-25-000006

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