Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
AEMETIS, INC incurred term loan of $25 million with Greater Nevada Credit Union at 9.25% per annum, to be adjusted every five years thereafter to be equal to the f maturing December 22, 2042.
- Instrument
- term loan
- Principal
- $25 million
- Counterparty
- Greater Nevada Credit Union
- Rate
- 9.25% per annum, to be adjusted every five years thereafter to be equal to the f
- Maturity
- December 22, 2042
- Event
- incurrence
Exact text from the filing
On December 22, 2023, Aemetis Biogas 1 LLC, as borrower (“ Borrower ”), and Aemetis Biogas Holdings LLC, as guarantor (“ Guarantor ”), each a subsidiary of Aemetis, Inc., entered into a Term Loan Agreement and Promissory Note (collectively, the “ Loan Agreement ”) with Greater Nevada Credit Union (“ Lender ”). Pursuant to the Loan Agreement, the Lender has provided a principal amount of $25 million to Borrower under a term loan (the “ Loan ”)
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
AEMETIS, INC entered into Term Loan Agreement and Promissory Note with Greater Nevada Credit Union valued at $25,000,000 term loan at 9.25% initial interest per annum, maturity 2042-12-22 (effective 2023-12-22).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Greater Nevada Credit Union
- Value
- $25,000,000 term loan at 9.25% initial interest per annum, maturity 2042-12-22
- Effective
- 2023-12-22
Exact text from the filing
On December 22, 2023, Aemetis Biogas 1 LLC, as borrower (“ Borrower ”), and Aemetis Biogas Holdings LLC, as guarantor (“ Guarantor ”), each a subsidiary of Aemetis, Inc., entered into a Term Loan Agreement and Promissory Note (collectively, the “ Loan Agreement ”) with Greater Nevada Credit Union (“ Lender ”).
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