Calumet Closes $325 Million Notes Offering, Recaps Recent Financing Activity
Jan 24, 2022•over 3 years ago
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.