Brief: Calumet Announces New Inventory Financing Agreement For Montana Renewables

Calumet

10/10/2023 22:26

Oct 10 (Reuters) - Calumet Specialty Products Partners
LP  CLMT.O :
    * CALUMET ANNOUNCES NEW INVENTORY FINANCING AGREEMENT FOR
MONTANA
RENEWABLES
    * CALUMET SPECIALTY PRODUCTS PARTNERS LP - MONTANA
RENEWABLES LLC
HAS ENTERED INTO A SUPPLY AND OFFTAKE AGREEMENT WITH WELLS FARGO
    * CALUMET SPECIALTY PRODUCTS PARTNERS LP - AGREEMENT
REPLACES
MRL'S PREVIOUS INVENTORY FINANCING AGREEMENT WITH MACQUARIE
    * CALUMET SPECIALTY PRODUCTS PARTNERS LP - S&O AGREEMENT
STREAMLINES ADMINISTRATION OF MRL'S INVENTORY FINANCING PROCESS
    * CALUMET SPECIALTY PRODUCTS PARTNERS LP - S&O AGREEMENT
PROVIDES
INCREASED INVENTORY ADVANCE RATES, AND HAS A THREE-YEAR TERM

Source text for Eikon:  ID:nPn6jDflwa 
Further company coverage:  CLMT.O 

 (Reuters.Briefs@thomsonreuters.com)