Calumet Announces $150M Senior Notes Offering to Repay Revolving Credit Facility
CLMT has more than doubled off its 52-week low of $7.68.
Summary
Calumet, Inc. announced a $150 million private placement of additional 9.75% Senior Notes due 2031, with proceeds intended to repay borrowings under its revolving credit facility.
Key Events · Financing and Capital Events · CLMT
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New Debt Offering Announced
Calumet, Inc. intends to offer $150 million in aggregate principal amount of 9.75% Senior Notes due 2031 in a private placement.
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Purpose of Proceeds
The net proceeds from the offering will be used to repay borrowings outstanding under the company's revolving credit facility, enhancing liquidity.
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Tack-on to Existing Notes
These Additional Notes will form a single series with $405 million of existing 9.75% Senior Notes due 2031, which were issued on January 12, 2026.
Analysis · CLMT · Energy & Transportation
Calumet, Inc. is raising $150 million through a private placement of additional 9.75% Senior Notes due 2031. This offering is a 'tack-on' to an existing series of notes, bringing the total principal amount of these notes to $555 million. The proceeds will be used to repay outstanding borrowings under the company's revolving credit facility, which is a positive step for liquidity management and financial flexibility. This follows recent news of the company's improved financial performance in Q4 2025, including a significant reduction in net loss and increased Adjusted EBITDA, and continues their debt management strategy.
How filings like this one have moved
In the 30 days to Sep 13, 2026, 29.5% of the 1753 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.20%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CLMT was trading at $29.50 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $2.5B. The 52-week trading range was $7.68 to $31.41. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.