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Calumet Closes $325 Million Notes Offering, Recaps Recent Financing Activity

Jan 24, 2022over 3 years ago
Indianapolis

Description

Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) ("Calumet", "Partnership", "we" or "our") announced the closing of the offering for $325 million 2027 senior unsecured notes (the "Offering"). The Partnership intends to use the net proceeds from the Offering, along with cash on hand, to fund the previously announced redemption of all outstanding 7.75% Senior Notes due 2023 (the "2023 Notes") and pay related expenses.

Company Information

Company

Calumet Specialty Products Partners L.P

Location

Indianapolis, Indiana, United States

About

Calumet manufactures, formulates, and markets a diversified slate of specialty products to customers in a broad range of consumer-facing and industrial markets. Calumet is headquartered in Indianapolis, IN and operates twelve facilities throughout North America. More information can be found at www.calumetspecialty.com. SOURCE Calumet Specialty Products Partners, L.P.