Calumet, Inc. (NASDAQ: CLMT) announced that its subsidiaries, Calumet Specialty Products Partners, L.P. and Calumet Finance Corp., have issued a redemption notice for all $100 million of outstanding 9.75% Senior Notes due 2028, originally issued in January 2025.

The redemption is scheduled for July 15, 2026, at a cash redemption price of 102.438% of the principal amount, plus accrued and unpaid interest up to but not including the redemption date. The notes carry CUSIP numbers 131477 AZ4 and U13077 AR0.

A formal notice of full redemption was distributed to holders on July 2, 2026.

"Today's announcement marks another important milestone in our commitment to strengthening our balance sheet and reducing interest expense," said David Lunin, CFO. "We also reduced borrowings under our revolving credit facility during the second quarter."

Calumet, headquartered in Indianapolis, Indiana, manufactures and markets specialty branded products and renewable fuels, operating twelve facilities across North America.