---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-041818"
form_type: "8-K"
ticker: "GEVO"
cik: "0001392380"
company_name: "Gevo, Inc."
filed_at: "2024-04-01T23:59:59+00:00"
generated_at: "2026-06-04T04:24:38.781745+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Gevo subsidiary remarkets $68.2M green bonds at 3.875%, expects positive cash flow contribution

## Summary
- Gevo NW Iowa RNG remarketed $68.2M Series 2021 Green Bonds; new rate 3.875% vs. prior 1.5%.
- New term rate period runs through March 31, 2026; secured by $69.6M letter of credit.
- Gevo's reimbursement obligations on the LOC are fully cash-collateralized.
- Company expects interest income on cash collateral to exceed bond interest expense, boosting cash flows over next 12 months.
- Remarketing sets stage for potential future non-recourse refinancing of the bonds.

## SEC filing metadata
- accession: 0001104659-24-041818
- form_type: 8-K
- ticker: GEVO
- cik: 0001392380
- company_name: Gevo, Inc.
- filed_at: 2024-04-01T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1392380/000110465924041818/0001104659-24-041818-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1392380/000110465924041818/tm249912d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-041818
- JSON: https://secwatch.observer/filing/0001104659-24-041818.json
- Plain text: https://secwatch.observer/filing/0001104659-24-041818.txt

## Key facts
- Debt Financings
  Gevo, Inc. amended senior notes with Citibank, N.A..
  - Instrument: senior notes
  - Counterparty: Citibank, N.A.
  - Event: amendment
  source text: the Original Indenture was amended by a First Supplemental Indenture dated as of April 1, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1392380/000110465924041818/0001104659-24-041818-index.htm
- Material Agreements
  Gevo, Inc. entered into Reimbursement Agreement with Citibank, N.A. (effective 2024-04-01).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Citibank, N.A.
  - Effective: 2024-04-01
  source text: The First Supplemental Indenture, the Reimbursement Agreement and the First Supplemental Bond Financing Agreement were all executed and delivered on April 1, 2024 in connection with the remarketing and conversion of the Bonds
  evidence_url: https://www.sec.gov/Archives/edgar/data/1392380/000110465924041818/0001104659-24-041818-index.htm
- Material Agreements
  Gevo, Inc. amended First Supplemental Indenture with Citibank, N.A., as trustee (effective 2024-04-01).
  - Action: amendment
  - Agreement: notes offering
  - Counterparty: Citibank, N.A., as trustee
  - Effective: 2024-04-01
  source text: the Original Indenture was amended by a First Supplemental Indenture dated as of April 1, 2024 (the “First Supplemental Indenture,” and together with the Original Indenture, the “Indenture”) between the Issuer and the Trustee
  evidence_url: https://www.sec.gov/Archives/edgar/data/1392380/000110465924041818/0001104659-24-041818-index.htm
- Material Agreements
  Gevo, Inc. amended First Supplemental Bond Financing Agreement with Iowa Finance Authority valued at $68,155,000 (effective 2024-04-01).
  - Action: amendment
  - Counterparty: Iowa Finance Authority
  - Value: $68,155,000
  - Effective: 2024-04-01
  source text: the Original Bond Financing Agreement was amended by a First Supplemental Bond Financing Agreement dated as of April 1, 2024 (the “First Supplemental Bond Financing Agreement,” and together with the Original Bond Financing Agreement, the “Bond Financing Agreement”) between the Issuer and the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1392380/000110465924041818/0001104659-24-041818-index.htm

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