February 23, 2018 12:25 AM ET

Capital Markets

Company Overview of Calumet Finance Corp.

Company Overview

Calumet Finance Corp. operates as an co-issuer or guarantor. The company makes issue and sale of securities. The company was incorporated in 2007 and is based in Indianapolis, Indiana. The company operates as a subsidiary of Calumet Specialty Products Partners, L.P.

2780 Waterfront Parkway East Drive

Suite 200

Indianapolis, IN 46214

United States

Founded in 2007

Phone:

317-328-5660

Key Executives for Calumet Finance Corp.

Calumet Finance Corp. does not have any Key Executives recorded.

Calumet Finance Corp. Key Developments

Calumet Specialty Products Partners, L.P. Announces Pricing of $400 Million Private Placement of 11.5% Senior Secured Notes due 2021

Calumet Specialty Products Partners, L.P. and its wholly owned subsidiary Calumet Finance Corp. announced the pricing of their private placement under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the Securities Act), of $400 million in aggregate principal amount of 11.5% senior secured notes due 2021 (the Notes). The Notes mature on January 15, 2021 and will be issued at 98.273% of par. This private placement is expected to close on April 20, 2016, subject to customary closing conditions. Calumet intends to use the net proceeds from this private placement to repay borrowings outstanding under its revolving credit facility, to terminate or cash collateralize certain of its existing hedging obligations and for general partnership purposes. Calumet may re-borrow any amounts repaid under its revolving credit facility, subject to the terms of the facility, for general partnership purposes, which may include, among other things, funding working capital, capital expenditures and repurchases of debt.

Calumet Specialty Products Partners, L.P. and Calumet Finance Corp. Extend 7.75% Senior Notes Exchange Offer

Calumet Specialty Products Partners, L.P. and its wholly owned subsidiary, Calumet Finance Corp. announced that it will extend its offer to exchange up to $325,000,000 aggregate principal amount of its outstanding unregistered 7.75% Senior Notes due 2023 for up to $325,000,000 aggregate principal amount of its 7.75% Senior Notes due 2023 that have been registered under the Securities Act of 1933, as amended. The Exchange Offer will now expire at 5:00 p.m. (ET) on March 7, 2016, unless further extended by Calumet. The Exchange Offer was scheduled to expire at 5:00 p.m. (ET) on February 29, 2016. Calumet has been advised by its exchange agent that, as of 5:00 p.m. (ET) on February 29, 2016, $324,150,000 in aggregate principal amount of Old Notes, representing approximately 99.74% of the outstanding aggregate principal amount of the Old Notes, had been tendered and not validly withdrawn. The Exchange Offer is being extended to provide holders of the Old Notes who have not yet tendered their notes for exchange additional time to do so.

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