Calumet Inc. has announced a private placement offering of $350 million in aggregate principal amount of senior unsecured notes due 2031. The offering will be made to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S. Calumet intends to use the net proceeds, along with cash on hand and borrowings under its revolving credit facility, to redeem all outstanding 11.00% Senior Notes due 2026 and $275 million of the outstanding 8.125% Senior Notes due 2027. Notices of conditional redemption for these notes have been delivered, with redemption dates set for January 21, 2026 (2026 Notes) and January 16, 2026 (2027 Notes), contingent on the successful completion of the new debt offering.

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: DE57199) on January 06, 2026, and is solely responsible for the information contained therein.