---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-035538"
form_type: "8-K"
ticker: "AMTX"
cik: "0000738214"
company_name: "AEMETIS, INC"
filed_at: "2023-12-29T23:59:59+00:00"
generated_at: "2026-06-07T06:10:19.745401+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Aemetis subsidiary secures $25M term loan at 9.25% to refinance biogas digester construction debt

## Summary
- Aemetis Biogas 1 LLC entered $25M term loan with Greater Nevada Credit Union on Dec 22, 2023.
- Loan refinances prior construction loan used for anaerobic digesters at five California dairies.
- Initial interest rate 9.25% per annum, adjustable every 5 years to 5-year Treasury +5.00%.
- Interest-only payments for 12 months, then combined principal and interest; maturity Dec 22, 2042.
- USDA guarantees 80% of the loan under the REAP program.

## SEC filing metadata
- accession: 0001437749-23-035538
- form_type: 8-K
- ticker: AMTX
- cik: 0000738214
- company_name: AEMETIS, INC
- filed_at: 2023-12-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/738214/000143774923035538/0001437749-23-035538-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/738214/000143774923035538/amtx20231228_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-035538
- JSON: https://secwatch.observer/filing/0001437749-23-035538.json
- Plain text: https://secwatch.observer/filing/0001437749-23-035538.txt

## Key facts
- Debt Financings
  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
  source text: 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 ”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/738214/000143774923035538/0001437749-23-035538-index.htm
- Material Agreements
  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
  source text: 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 ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/738214/000143774923035538/0001437749-23-035538-index.htm

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