debt
confidence high
sentiment neutral
materiality 0.40
South Dakota Soybean Processors increases revolving credit facility to $85M with CoBank
SOUTH DAKOTA SOYBEAN PROCESSORS LLC
- Restated Seasonal Note increases borrowing capacity from $70M to $85M, matures Dec 1, 2022.
- Interest rates: Seasonal Note at 2.25% + Daily Simple SOFR; Term Note at 2.55% + Daily Simple SOFR.
- All other material terms under the December 2016 Credit Agreement remain unchanged.