Andersons converts $350M term loan to $450M revolver due Aug 31, 2022

Andersons, Inc.

Converted $350M Q1 2022 term loans into a $450M revolving credit facility with two lenders.
Facility matures August 31, 2022; entire principal and accrued interest due on that date.
Interest rate is SOFR plus an applicable spread per the amended credit agreement.
U.S. Bank National Association and Farm Credit Mid-America, PCA each commit $225M.
Amendment terminates prior delayed draw term loan commitments and rolls over outstanding balance.

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