Calumet Inc. Announces $80 Million Partial Redemption of 2026 Senior Notes Following Asset Value Increase

Reuters
07/28
Calumet Inc. Announces $80 Million Partial Redemption of 2026 Senior Notes Following Asset Value Increase

Calumet Inc. has announced an extension of its Shreveport terminal asset financing arrangement with Stonebriar Commercial Finance LLC, increasing the asset value to $120 million. This transaction provides Calumet with $80 million in proceeds, which will be used to partially redeem its outstanding 11.00% Senior Notes due 2026. The redemption will cover $80 million of the principal amount at par, plus accrued interest, with the redemption date set for August 12, 2025. Calumet's CEO, Todd Borgmann, highlighted the operational progress at the Shreveport facility as a key factor in increasing the asset's value.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Calumet Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: DE38349) on July 28, 2025, and is solely responsible for the information contained therein.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10