Calumet Launches Montana Renewables Municipal Bond Offering
Calumet Specialty Products Partners (NASDAQ: CLMT) announced a proposed offering of $250 million in tax-exempt municipal bonds to be issued by Cascade County, Montana. This offering, led by its subsidiary Montana Renewables, is contingent upon market conditions. The details of the offering and investor materials are accessible online for both prospective and existing investors. It is important to note that this press release does not represent an offer to sell or solicit any bonds in jurisdictions where such an action would be illegal. For additional insights, refer to Calumet's SEC filings for risks and forward-looking statements.
- Proposed municipal bond offering of $250 million to support Montana Renewables.
- Bonds are tax-exempt, which may attract investors.
- Potential to enhance funding for future projects in renewable energy.
- The bond offering may result in shareholder dilution if not managed properly.
The offering materials and investor presentation can be found at https://www.munios.com/munios-notice.aspx?e=K4CPG. These materials contain important information, both for existing and prospective investors of Calumet, and are available free of charge by accessing the website address provided above.
This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, any Bonds, nor shall there be any sale of the Bonds in any state in which such offer, solicitation, or sale would be unlawful. This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act.
About Calumet
Calumet manufacturers, formulates, and markets a diversified slate of specialty branded products to customers in various consumer-facing and industrial markets. Calumet is headquartered in
Cautionary Statement Regarding Forward-Looking Statements
Certain statements and information in this press release may constitute "forward-looking statements." The words "expect," "continue," "should," or other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. These forward-looking statements are based on our current expectations and beliefs concerning future developments and their potential effect on us. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting us will be those that we anticipate.
For additional information regarding factors that could cause our actual results to differ from our projected results, please see our filings with the
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