05:18 PM EDT, 03/17/2026 (MT Newswires) -- Calumet (CLMT) said late Tuesday its subsidiaries have completed a $150 million private placement of 9.75% senior notes due 2031.
The additional notes were issued at 105% of par, raising net proceeds of about $154.9 million, the firm said.
Calumet said it plans to use the net proceeds to repay borrowings under its revolving credit facility.