debt
confidence high
sentiment neutral
materiality 0.40
Amends credit pacts with CoBank; $70M seasonal note, $18M revolver amortizing $2M/6mo
SOUTH DAKOTA SOYBEAN PROCESSORS LLC
- $70 million seasonal note unchanged, matures Dec 1, 2022.
- $18 million revolving term note decreases by $2M every six months starting Mar 20, 2022, maturing Mar 20, 2026.
- All other material terms of existing credit agreement remain same.
- Amendments entered Dec 14, 2021 with CoBank, ACB.