StocksMedium•15 October 2026•
1 min read
Calumet to Redeem $150 Million in 9.75% Senior Notes Due 2028
Key Facts
1Calumet issued a redemption notice for $150 million of its 9.75% Senior Notes due 2028.
Calumet issued a redemption notice for $150 million of its 9.75% Senior Notes due 2028. According to a company statement via PR Newswire, the redemption is part of a capital management strategy to address outstanding debt obligations.
CLMT closed at $57.53 on October 14, 2026, prior to the announcement. The company has retired approximately $265 million of debt since July 2026, a move intended to strengthen the balance sheet and reduce annual interest expenses.