Calumet to use borrowings under revolver to fund NuStar acquisition

By Tali David

Minneapolis, Dec. 17 - Calumet Specialty Products Partners, LP plans borrow under its senior secured revolving credit facility to fund its acquisition of the San Antonio assets of NuStar Refining, LLC and NuStar Logistics, LP, according to a press release.

Calumet will also use cash on hand to fund the purchase.

Indianapolis-based Calumet is a producer of high-quality specialty hydrocarbon products and fuel products.

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