secwatch.observer — SEC 8-K summary
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Issuer:     Green Plains Inc. (GPRE)
CIK:        0001309402
Form:       8-K
Filed at:   2025-10-22T23:59:59+00:00
Accession:  0001309402-25-000156
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1309402/000130940225000156/0001309402-25-000156-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1309402/000130940225000156/gpre-20251022.htm
  HTML page:      https://secwatch.observer/filing/0001309402-25-000156

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer