secwatch.observer — SEC 8-K summary
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Issuer:     Andersons, Inc. (ANDE)
CIK:        0000821026
Form:       8-K
Filed at:   2022-04-01T23:59:59+00:00
Accession:  0000821026-22-000115
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Andersons expands revolver to $1.55B, extends term loan maturities to 2027/2029
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- Revolving credit facility increased from $900M to $1.55B, maturing March 26, 2027.
- $209.4M term loan maturity extended to March 28, 2029; $140.6M term loan to March 26, 2027.
- Borrowings bear variable interest at SOFR plus applicable spread; quarterly term loan payments continue.
- Amendment executed March 28, 2022; U.S. Bank remains Administrative Agent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/821026/000082102622000115/0000821026-22-000115-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/821026/000082102622000115/ande-20220328.htm
  HTML page:      https://secwatch.observer/filing/0000821026-22-000115

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