Attached files
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8-K - FORM 8-K - Calumet Specialty Products Partners, L.P. | h81318e8vk.htm |
Exhibit 99.1

For more information:
Jennifer Straumins, 317-328-5660
jennifer.straumins@calumetspecialty.com
Jennifer Straumins, 317-328-5660
jennifer.straumins@calumetspecialty.com
FOR IMMEDIATE RELEASE
Calumet Specialty Products Partners, L.P. Announces $375 Million Private Offering of Senior Notes due 2019
Indianapolis, IN (April 11, 2011) Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT)
(Calumet) and its wholly owned subsidiary Calumet Finance Corp. announced today that, subject to
market conditions, they intend to offer for sale in a private placement under Rule 144A to eligible
purchasers $375 million in aggregate principal amount of senior unsecured notes due 2019. Calumet
intends to use all of the net proceeds from the private placement and borrowings under its
revolving credit facility to repay in full all of the outstanding borrowings under its existing
senior secured term loan facility, as well as all accrued interest and fees.
The securities to be offered have not been registered under the Securities Act of 1933, as
amended (the Securities Act), or any state securities laws, and unless so registered, the
securities may not be offered or sold in the United States except pursuant to an exemption from, or
in a transaction not subject to, the registration requirements of the Securities Act and applicable
state securities laws. Calumet plans to offer and sell the notes only to qualified institutional
buyers pursuant to Rule 144A under the Securities Act and to persons outside the United States
pursuant to Regulation S.
This press release shall not constitute an offer to sell, or the solicitation of an offer to
buy, any of these securities, nor shall there be any sale of these securities in any state in which
such offer, solicitation, or sale would be unlawful prior to registration or qualification under
the securities laws of such states.
This press release includes statements regarding the offering that may constitute
forward-looking statements. Such forward-looking statements are subject to a variety of known and
unknown risks, uncertainties, and other factors that are difficult to predict and many of which are
beyond managements control. Calumet undertakes no obligation to update or revise any
forward-looking statement to reflect new information or events.