---
schema_version: "secwatch.filing_event.v1"
accession: "0000823277-23-000014"
form_type: "8-K"
ticker: "CHSCP"
cik: "0000823277"
company_name: "CHS INC"
filed_at: "2023-01-25T23:59:59+00:00"
generated_at: "2026-06-20T10:08:57.621988+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# CHS Inc. issues $150M 5.68% senior notes due 2030 in private placement

## Summary
- Issued $150M Series CC Senior Notes due Jan 24, 2030 at 5.68% fixed rate; rate steps up to 6.68% max if leverage high and no investment grade.
- Notes unsecured, rank pari passu with other unsecured senior debt; net proceeds for general corporate purposes, capex, investments, refinancing.
- Financial covenants: leverage ratio ≤ 3.50x, adjusted funded debt to net worth ≤ 0.80x, priority debt limit ≤ 20% of net worth.
- Change-in-control prepayment triggered if any party acquires >50% voting power.

## SEC filing metadata
- accession: 0000823277-23-000014
- form_type: 8-K
- ticker: CHSCP
- cik: 0000823277
- company_name: CHS INC
- filed_at: 2023-01-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/823277/000082327723000014/0000823277-23-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/823277/000082327723000014/chscp-20230124.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000823277-23-000014
- JSON: https://secwatch.observer/filing/0000823277-23-000014.json
- Plain text: https://secwatch.observer/filing/0000823277-23-000014.txt

## Key facts
- Debt Financings
  CHS INC incurred senior notes of $150,000,000 with Purchasers at 5.68% per annum maturing January 24, 2030.
  - Instrument: senior notes
  - Principal: $150,000,000
  - Counterparty: Purchasers
  - Rate: 5.68% per annum
  - Maturity: January 24, 2030
  - Event: incurrence
  source text: On January 24, 2023, CHS Inc. (the “Company”) entered into a Note Purchase Agreement (the “Note Purchase Agreement”) with the accredited investors signatory thereto (collectively, the “Purchasers”), pursuant to which the Company will issue and sell, in a private placement, its Series CC Senior Notes in the aggregate principal amount of $150,000,000 with a maturity date of January 24, 2030 (the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/823277/000082327723000014/0000823277-23-000014-index.htm

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