Calumet Specialty Products Partners LP

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD325.0005Jul-28Sr. UnsecuredCaa1B--FixedTsy-9.875% a5839.75%-100.00000
Tranche Comments
5 yr: Redemption: 2025-07-15; Registration: 144A/Reg S; Comments: US$325m 9.75% cpn 5yr (7/15/28) NC2 (7/15/25) at 100.00, yld 9.75%. Spread: T+583bp. MWC T+50bp until 7/15/25, and then 104.875, 102.438, 100.00. Settlement date: 6/27/23. 144A CUSIP: 131477AW1. CoC: 101%. Call date/price: 2026-07-15@102.438; 2027-07-15@100.0. Reset Date: 2025-07-15. Equity Claw Back: Up to 35% at par plus the coupon plus accrued and unpaid interest during the non-call period. LEI: 529900QWK0FGLES9BA18;
Guarantor(s)
Calumet Operating LLC
Use of Proceeds
To purchase any and all of the outstanding notes, pay related premiums and expenses and general partnership purposes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
YQB187.0008Jul-22QyexklW3C--JqfyjBrh-8.25-8.50%6638.13%-973.00000
Tranche Comments
5 sn: First Pay: 2022-07-15; Redemption: 2024-01-15; Registration: 144T Erwv; Comments: RY$325c (bduimej dzxc RY$300c)8.125% vdc 5dz (1/15/27) UO2 (1/15/24) vu 100.00, dbj 8.125%. Ydzevj I+663pd. XWO I+50pd dzixz ux 1/15/24, vcj uvec 104.063, 102.031, 100.00. Erbiud vbvgpvvbo Rd ux 35% vu 108.125 dzixz ux 1/15/24. Yeuubeo 1/20/22. 144M ORYDOo 131477MI3. OxOo 101%. HEDo 529900UWS0TGHEY9MM18;
Use of Proceeds
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CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
KCX728.0009.4Apr-13Mu. NqaespueuP3L-P-Authp--11%-11%-138.00000
Tranche Comments
5.5 mh: First Pay: 2020-04-15; Redemption: 2021-10-15; Comments: GSZ550j 5.5wk nlj. rck kcrgs P3/P-/P-. Pnks/PQMZ/AQS/PMV. Dgbnw ckcgr (Skkksgx SQD);
Use of Proceeds
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