Calumet Issues $405M of 9.75% Bonds to Refinance Debt
The American group launches a private bond offering of $405 million. The 9.75% notes due 2031 will enable the repurchase of two previous issues with higher rates.
| Countries | États-Unis |
|---|---|
| Sector | Pétrole |
| Theme | Marchés & Finance |
Calumet organizes a refinancing operation of its debt structure. The group specialized in petroleum products and petrochemicals raises $405 million through a private bond offering. The operation occurs in a context of reorganizing its financial liabilities. The Indianapolis-based company adjusts its capital structure to reduce its interest burden.
Comments
Sign in to leave a comment.