secwatch.observer — SEC 8-K summary
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Issuer:     SOUTH DAKOTA SOYBEAN PROCESSORS LLC (SDSYA)
CIK:        0001163609
Form:       8-K
Filed at:   2022-04-29T23:59:59+00:00
Accession:  0001163609-22-000019
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

South Dakota Soybean Processors increases revolving credit facility to $85M with CoBank
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1163609/000116360922000019/0001163609-22-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1163609/000116360922000019/sdsp-20220427.htm
  HTML page:      https://secwatch.observer/filing/0001163609-22-000019

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