---
schema_version: "secwatch.filing_event.v1"
accession: "0001309402-25-000156"
form_type: "8-K"
ticker: "GPRE"
cik: "0001309402"
company_name: "Green Plains Inc."
filed_at: "2025-10-22T23:59:59+00:00"
generated_at: "2026-05-17T02:41:52.195075+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Green Plains exchanges $170M 2.25% notes for 5.25% notes due 2030; repurchases 2.9M shares

## Summary
- Exchanged $170M of 2.25% convertible notes due 2027 for $170M of 5.25% convertible notes due Nov 2030.
- Issued $30M of new 2030 notes for cash; proceeds used to repurchase ~2.9M shares of common stock for ~$30M.
- After closing, $200M of 2030 notes outstanding; $60M of original 2027 notes remain unchanged.
- Initial conversion price of new notes set at ~$15.72/share, a 50% premium to prior day's close.
- Transactions expected to close October 27, 2025, subject to customary conditions.

## SEC filing metadata
- accession: 0001309402-25-000156
- form_type: 8-K
- ticker: GPRE
- cik: 0001309402
- company_name: Green Plains Inc.
- filed_at: 2025-10-22T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1309402/000130940225000156/0001309402-25-000156-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1309402/000130940225000156/gpre-20251022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001309402-25-000156
- JSON: https://secwatch.observer/filing/0001309402-25-000156.json
- Plain text: https://secwatch.observer/filing/0001309402-25-000156.txt

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