secwatch.observer — SEC 8-K summary
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Issuer:     Andersons, Inc. (ANDE)
CIK:        0000821026
Form:       8-K
Filed at:   2022-03-08T23:59:59+00:00
Accession:  0000821026-22-000079
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Andersons secures $250M short-term term loan due May 31, 2022
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- Incremental term loan of $250M with U.S. Bank and Farm Credit Mid-America; each committing $125M.
- Loan bears interest at Alternate Base Rate minus 1.75%; commitment fee 0.15% on unused portion.
- Entire principal due on May 31, 2022; delayed-draw available through that date.
- Facility is fifth amendment to existing Jan 2019 credit agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/821026/000082102622000079/0000821026-22-000079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/821026/000082102622000079/ande-20220302.htm
  HTML page:      https://secwatch.observer/filing/0000821026-22-000079

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