Calumet Specialty Products - Unit

NASDAQ:CLMT   3:59:54 PM EDT
15.21
+0.06 (+0.40%)
Debt Financing / Related

Calumet Specialty Products Announces Strategic Transactions In Renewable Diesel Business

Published: 11/19/2021 13:01 GMT
(CLMT) - Calumet Specialty Products Partners, Lp Announces Strategic Transactions in Its Renewable Diesel Business.
Calumet Specialty -montana Renewables Llc Carved Out As Unrestricted Pure-play Renewables Subsidiary and Has Purchased Calumet's Existing Hydrocracker.
Calumet Specialty Products - Mrl Has Closed on a $300 Million Convertible Debt Investment From Funds Managed by Oaktree Capital Management, Lpcalumet Specialty Products Partners Lp - Mrl Has Also Closed on a $145 Million Preferred Equity Investment by Calumet.
Calumet Specialty Products Partners Lp - Calumet Owns 100% of Equity of Mrl.