Calumet Increases Senior Secured Revolving Credit Facility to $600 Million
MT newswire2026/09/14 20:43Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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04:43 PM EDT, 09/14/2026 (MT Newswires) -- Calumet (CLMT) said late Tuesday it has amended its existing asset-based loan facility to raise its total commitments to $600 million, an increase of $100 million, subject to borrowing base limitations. The ABL maturity date remains January 2031 and is led by Bank of America (BAC) as the agent for a group of lenders, the company said. Moreover, Montana Renewables, an unrestricted subsidiary of Calumet, said it received its final draw of $34 million under its recently amended loan guarantee agreement with the US Department of Energy, the company added.
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