capital_structure

Calumet Calls $150M of 2028 Notes, Targets $26M Interest Savings

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Calumet Calls $150M of 2028 Notes, Targets $26M Interest Savings

Indianapolis – October 15, 2026 -- Calumet, Inc. (NASDAQ: CLMT) will redeem $150 million of its 9.75% Senior Notes due 2028 on October 25, 2026, lifting total debt retired since July 2026 to approximately $265 million.

The Issuers, Calumet Specialty Products Partners, L.P. and Calumet Finance Corp., both wholly owned subsidiaries, will pay a cash redemption price of 102.438% of principal, plus accrued and unpaid interest to but not including the redemption date. The notes (CUSIP Nos. 131477 AW1 and U13077 AM1) were originally issued in June 2023.

Calumet expects roughly $26 million in annual cash interest savings

CFO David Lunin said the $265 million of debt reduced over the past four months, including this redemption, will cut annual cash interest by approximately $26 million. He described the move as part of an effort to accelerate debt reduction and strengthen the balance sheet.

Quaker Houghton Closes $550M Term Loan B, Extends Maturity to 2033

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Quaker Houghton Closes $550M Term Loan B, Extends Maturity to 2033

Conshohocken, Pa. – October 02, 2026 -- Quaker Houghton (NYSE: KWR) has closed a new 7-year, $550 million Term Loan B facility, refinancing its existing U.S. Term Loans and pushing debt maturity out to October 2033.

New facility carries SOFR plus 175 basis points pricing

The Term Loan B amends the company's existing Credit Agreement, with proceeds used to repay in full the U.S. Term Loans previously outstanding. Quarterly amortization payments will equal 0.25% of the initial $550 million principal, with the remaining balance due at the October 2033 maturity date.

JELD-WEN Secures Lender Deal to Push 2027, 2028 Debt to 2031

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JELD-WEN Secures Lender Deal to Push 2027, 2028 Debt to 2031

Charlotte, N.C. – September 29, 2026 -- JELD-WEN Holding, Inc. (NYSE: JELD) has entered into a commitment and consent letter with a significant group of lenders and noteholders to extend the maturities of its 4.875% Senior Notes due 2027 and its 2028 Term Loans to 2031, while raising $135 million in new money debt financing.

Nearly all 2027 noteholders and most 2028 lenders back the deal

The agreement covers approximately 94.5% of the 2027 Notes and approximately 72.2% of the 2028 Term Loans. Under the arrangement, the existing debt will be refinanced and/or exchanged for new first-lien debt maturing in 2031.

Exchange offers to launch within weeks

JELD-WEN said it intends to commence exchange offers to holders of the 2027 Notes and 2028 Term Loans in the coming weeks to implement the transactions.

Robo.ai Calls EGM to Approve 10-Fold Increase in Share Capital

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Robo.ai Calls EGM to Approve 10-Fold Increase in Share Capital

Dubai – September 13, 2026 -- Robo.ai Inc. (Nasdaq: AIIO) will ask shareholders to approve a tenfold expansion of its authorized share capital at an extraordinary general meeting scheduled for September 13, 2026, at 4:30 pm Dubai local time.

Robo.ai seeks to raise authorized capital from $400,000 to $4,000,000

The Dubai-based, Nasdaq-listed company is proposing to increase its authorized share capital from $400,000, divided into 200,000,000 shares, to $4,000,000, divided into 2,000,000,000 shares. The plan calls for creating an additional 225,000,000 Class A ordinary shares and 1,575,000,000 Class B ordinary shares, each carrying a par value of $0.002.