secwatch.observer — SEC 8-K summary
======================================

Issuer:     Andersons, Inc. (ANDE)
CIK:        0000821026
Form:       8-K
Filed at:   2026-03-25T23:59:59+00:00
Accession:  0000821026-26-000048
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Andersons amends credit facility: revolver cut to $1.3B, term loans extended to 2031/2034
--------------------------------------------------------------------------------

- Revolving credit facility reduced from $1.55B to $1.30B; maturity extended to March 20, 2031.
- Existing $114.3M term loan maturity also extended to March 20, 2031.
- Two term loans ($170.1M and $86.3M) consolidated into a single $256.4M loan; maturity extended to March 20, 2034.
- Borrowings continue to bear interest at variable rates based on SOFR plus an applicable margin.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/821026/000082102626000048/0000821026-26-000048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/821026/000082102626000048/ande-20260320.htm
  HTML page:      https://secwatch.observer/filing/0000821026-26-000048

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