secwatch.observer — SEC 8-K summary
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Issuer:     Green Plains Inc. (GPRE)
CIK:        0001309402
Form:       8-K
Filed at:   2025-10-28T23:59:59+00:00
Accession:  0001309402-25-000158
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Green Plains issues $200M of 5.25% convertible notes due 2030, repurchases 2.9M shares
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- Exchanged $170M of existing 2.25% notes due 2027 for new 5.25% notes due 2030; issued additional $30M for cash.
- ~$30M of proceeds used to repurchase ~2.9M common shares from participating holders.
- Remaining $60M of 2027 notes outstanding unchanged; total outstanding 2030 notes $200M.
- Conversion price ~$15.72, ~50% premium to Oct 21 close; notes convertible after May 2030 subject to conditions.
- Interest at 5.25% payable semi-annually; redemption option after Nov 2028 if stock >130% of conversion price.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1309402/000130940225000158/0001309402-25-000158-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1309402/000130940225000158/gpre-20251027.htm
  HTML page:      https://secwatch.observer/filing/0001309402-25-000158

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