secwatch.observer — SEC 8-K summary
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Issuer:     Andersons, Inc. (ANDE)
CIK:        0000821026
Form:       8-K
Filed at:   2021-12-28T23:59:59+00:00
Accession:  0000821026-21-000210
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

The Andersons Canada extends $240M CAD revolver to June 2026 under amended loan agreement
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- Second amended and restated loan agreement dated Dec 23, 2021 extends existing $240M Canadian dollar revolving credit facility maturity from June 2023 to June 2026.
- Borrower is The Andersons Canada Limited, wholly owned subsidiary of The Andersons, Inc.; The Bank of Nova Scotia remains administrative agent.
- Revolving loans bear interest at variable rates (Canadian Prime Rate, US Prime Rate, BA Advances, Libor Rate Loans) per terms.
- Accordion feature allows potential increase of commitments; borrowing base includes eligible accounts, inventory, real estate, machinery & equipment.
- No change in total commitment amount or other material terms disclosed beyond maturity extension and rate provisions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/821026/000082102621000210/0000821026-21-000210-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/821026/000082102621000210/ande-20211223.htm
  HTML page:      https://secwatch.observer/filing/0000821026-21-000210

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer