Calumet Announces Settlement of its Exchange Offer for any and all of the Outstanding 11.00% Senior Notes due 2025 and Issues Notice of Full Redemption for the Remaining 11.00% Senior Notes due 2025

Core Viewpoint - Calumet, Inc. has successfully completed a private exchange offer for its 11.00% Senior Notes due 2025, allowing holders to exchange their old notes for newly issued notes due 2026, with a total of $354,399,000 principal amount exchanged [1][2]. Group 1: Exchange Offer Details - The exchange offer accepted tenders from holders of an aggregate of$354,399,000 principal amount of Old Notes, resulting in the issuance of the same amount in New Notes [2]. - After the exchange offer, $9,142,000 principal amount of the Old Notes remains outstanding [2]. Group 2: Redemption Announcement - Calumet has issued a notice for the full redemption of all remaining Old Notes at a redemption price of par, plus accrued and unpaid interest, with the redemption date set for December 10, 2024 [3]. Group 3: Company Overview - Calumet, Inc. manufactures, formulates, and markets a diverse range of specialty branded products and renewable fuels, serving various consumer-facing and industrial markets, and operates twelve facilities across North America [5].