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8-K filed February 1, 2023, 6:59 PM ET ticker SDSYA CIK 0001163609
debt confidence high sentiment neutral materiality 0.40

SOUTH DAKOTA SOYBEAN PROCESSORS LLC (SDSYA): debt financing — South Dakota Soybean Processors reduces revolving credit line to $75M from $85M with CoBank

SOUTH DAKOTA SOYBEAN PROCESSORS LLC

item 1.01item 2.03

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

SOUTH DAKOTA SOYBEAN PROCESSORS LLC amended revolving credit of $75 million with CoBank, ACB maturing December 1, 2023.

Instrument
revolving credit
Principal
$75 million
Counterparty
CoBank, ACB
Maturity
December 1, 2023
Event
amendment
Exact text from the filing
On January 31, 2023, we entered into the Restated Seasonal Note with our lender, CoBank, ACB. Under the Restated Seasonal Note, the principal amount that we may borrow is decreased from $85 million to $75 million until the loan's maturity on December 1, 2023.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

SOUTH DAKOTA SOYBEAN PROCESSORS LLC amended Restated Seasonal Note with CoBank, ACB (effective 2023-01-31).

Action
amendment
Agreement
credit facility
Counterparty
CoBank, ACB
Effective
2023-01-31
Exact text from the filing
On January 31, 2023, we entered into an Amended and Restated Revolving Credit Promissory Note ("Restated Seasonal Note") with our lender, CoBank, ACB of Greenwood Village, Colorado.
View on SEC.gov

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SOUTH DAKOTA SOYBEAN PROCESSORS LLC filing history →

Source: SEC EDGAR
accession 0001163609-23-000004
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