Calumet, Inc. /DE (CLMT) — Current Report

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Earlier Current Report filings

Filed: 2026-03-25
  • Jennifer G. Straumins, a director of Calumet, Inc., has decided not to stand for re-election and will retire at the end of her term, indicating a change in the company's board composition.
  • The decision is not due to any disagreement with the company's operations, policies, or practices, suggesting an amicable departure.
  • The company has issued a press release to announce Straumins' retirement, providing transparency to shareholders about the board-level change.
Filed: 2026-03-17
  • Calumet Inc. has issued an additional $150 million in 9.75% Senior Notes due 2031, expanding its debt financing to support operations and repay outstanding revolving credit facility borrowings.
  • The offering was conducted as a private placement and the additional notes will form a single series with the company's existing $405 million 9.75% Senior Notes, maintaining consistent terms.
  • The company intends to use the net proceeds from the offering to pay down its revolving credit facility, which suggests efforts to strengthen its balance sheet and liquidity position.
Filed: 2026-03-13
  • Calumet, Inc. is issuing an additional $150 million in 9.75% Senior Notes due 2031 to repay outstanding borrowings under its revolving credit facility.
  • The company has entered into a 10th amendment to its credit agreement to permit the issuance of the additional notes.
  • Some of the initial purchasers of the notes are also lenders under Calumet's revolving credit facility and may receive a portion of the net proceeds.
Filed: 2026-03-12
  • Calumet, Inc. is planning to offer an additional $150 million in 9.75% Senior Notes due 2031 to repay borrowings under its revolving credit facility.
  • The Additional Notes will constitute a further issuance of the company's existing 9.75% Senior Notes due 2031, suggesting the company is taking advantage of favorable market conditions to refinance its debt.
  • Calumet is providing certain information about the company to prospective investors in a preliminary offering memorandum, giving the public more transparency into the company's current state.
Filed: 2026-02-27
  • Calumet, Inc. reported financial results for the quarter and year ended December 31, 2025, as disclosed in the press release attached to the 8-K filing.
  • The 8-K filing indicates that Calumet, Inc. is a publicly traded company with common stock listed on the Nasdaq Stock Market.
  • The filing does not provide any additional details on the company's financial performance or other material events, so further analysis of the press release would be necessary to assess the significance of the results.
Filed: 2026-01-29
  • Calumet, Inc. has extended the maturity date of its credit agreement to January 23, 2031, providing the company with additional financial flexibility.
  • The company has secured a $500 million credit facility, subject to borrowing base limitations, which can be reduced to $425 million if the company pursues new inventory financing transactions.
  • The amended credit agreement allows the company or its subsidiaries to enter into new inventory financing transactions, subject to certain customary conditions.
Filed: 2026-01-12
  • Calumet, Inc. has issued $405 million in new senior notes due 2031, with a 9.75% interest rate. The proceeds will be used to redeem the company's existing 11% and 8.125% senior notes due in 2026 and 2027.
  • The new notes are guaranteed by the company, its general partner, and its existing subsidiaries, providing additional financial support.
  • The indenture contains covenants limiting the company's ability to incur additional debt, make investments, and engage in other corporate actions, though many of these will be suspended if the notes receive investment-grade ratings.
Filed: 2026-01-08
  • Calumet, Inc. is issuing $405 million in 9.75% Senior Notes due 2031 to refinance its outstanding 2026 and 2027 senior notes, improving its debt maturity profile.
  • The company intends to use the net proceeds from the notes offering, along with cash on hand and revolving credit facility borrowings, to redeem its existing higher-yielding senior notes.
  • Several of the initial purchasers of the notes have existing commercial relationships with Calumet, including serving as lenders under the company's revolving credit facility.
Filed: 2026-01-06
  • Calumet, Inc. provided preliminary unaudited information on its liquidity and select fiscal year 2025 financial results, indicating the company's financial performance may be improving.
  • The company's share price and trading volume may be impacted by the release of this information, as it could signal a potential turnaround in the business.
  • Investors should closely monitor the company's full fiscal year 2025 results when they are reported to gain a better understanding of the company's financial health and future prospects.
Filed: 2026-01-06
  • Calumet, Inc. plans to offer $350 million in senior unsecured notes due 2031 in a private placement, indicating the company is seeking to refinance and restructure its existing debt.
  • The company intends to use the net proceeds from the note offering, along with cash on hand and borrowings under its revolving credit facility, to redeem all of its outstanding 11.00% Senior Notes due 2026 and $275 million of its 8.125% Senior Notes due 2027, potentially improving its debt profile and interest expense.
  • The planned note offering and debt refinancing suggest Calumet, Inc. is actively managing its capital structure and liquidity to address its near-term maturities and potentially strengthen its financial position.

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