---
schema_version: "secwatch.filing_event.v1"
accession: "0000821026-22-000089"
form_type: "8-K"
ticker: "ANDE"
cik: "0000821026"
company_name: "Andersons, Inc."
filed_at: "2022-03-10T23:59:59+00:00"
generated_at: "2026-06-27T00:13:00.205131+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# The Andersons increases short-term borrowing capacity to $450M due May 31, 2022

## Summary
- Delayed draw term loan commitments raised from $250M to $450M via sixth amendment to 2019 credit agreement.
- Each of U.S. Bank and Farm Credit Mid-America increased commitment by $100M to $225M.
- Entire principal due May 31, 2022; interest at Alternate Base Rate minus 1.375%.
- No reborrow once repaid; commitment fee of 0.15% on unused portion.
- Loans available only through Q1 2022 Extension Period ending May 31, 2022.

## SEC filing metadata
- accession: 0000821026-22-000089
- form_type: 8-K
- ticker: ANDE
- cik: 0000821026
- company_name: Andersons, Inc.
- filed_at: 2022-03-10T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/821026/000082102622000089/0000821026-22-000089-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/821026/000082102622000089/ande-20220309.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000821026-22-000089
- JSON: https://secwatch.observer/filing/0000821026-22-000089.json
- Plain text: https://secwatch.observer/filing/0000821026-22-000089.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.