Calumet Announces Debt Reduction Plan

Calumet (NASDAQ: CLMT) announced the redemption of $100 million in senior notes as part of its broader debt-reduction strategy, leading to a more than 4% stock price increase on Wednesday. The company also reduced borrowings under its revolving credit facility and expressed confidence in continuing deleveraging efforts.

By Eric Volkman, The Motley Fool Thu, July 9, 2026 at 1:56 AM GMT+3 2 min read · Yahoo Finance · July 8, 2026, 22:56 UTC

Calumet Announces Debt Reduction Plan

Tickers: $NVDA

Topics: corporate_finance deleveraging_strategy stock_movement

Read the full article at Yahoo Finance

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