Calumet to redeem all $275 million of 9 5/8% notes using new bonds

New York, March 24 – Calumet Specialty Products Partners, LP said it plans to redeem all $275 million of its 9 5/8% senior notes due 2020 using funds raised from a $325 million offering of new notes due 2023.

Remaining proceeds will be used to repay borrowings outstanding under its revolving credit facility and for general partnership purposes, including capital expenditures and working capital.

Calumet is an Indianapolis producer of specialty hydrocarbon products and fuel products.

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