Calumet Specialty Products Partners, L.P. Announces $100 Million Expansion of its Revolving Credit Facility
Calumet, Inc (CLMT)
Last calumet, inc earnings: 3/5 07:00 am
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US:NASDAQ Investor Relations:
calumetspecialty.investorroom.com
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Source: PR Newswire
INDIANAPOLIS, Sept. 6, 2019 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) (the "Company", "Partnership" or "Calumet"), a leading independent producer of specialty hydrocarbon and fuels products, today announced that it has successfully amended the terms of its existing asset-based loan facility (the "ABL" or "the facility") to increase the borrowing base on the facility by approximately $100 million. The Company may draw on this increased ABL capacity solely to fund a portion of the redemption of all of the outstanding 6.50% Senior Notes due 2021, with the remainder of the 2021 Notes being redeemed using proceeds from a new unsecured senior notes offering and cash on hand. Upon the effectiveness of such borrowings under the ABL, the fixed assets associated with the Company's Great Falls, MT refinery would be added to the ABL collateral pool, which previously only included certain receivables and inventory. The increased borrowing base in the facility is av
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CLMT
News
- Calumet to Participate in December 2024 Investor ConferencesPR Newswire
- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) had its price target lowered by analysts at TD Cowen from $27.00 to $26.00. They now have a "buy" rating on the stock.MarketBeat
- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $25.00 price target on the stock.MarketBeat
- Calumet Reports Third Quarter 2024 ResultsPR Newswire
CLMT
Earnings
- 11/8/24 - Miss
CLMT
Sec Filings
- 11/14/24 - Form 4
- 11/12/24 - Form 4
- 11/12/24 - Form 4
- CLMT's page on the SEC website