{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-21-022919","form_type":"8-K","ticker":"MGPI","cik":"0000835011","company_name":"MGP INGREDIENTS INC","filed_at":"2021-11-12T23:59:59+00:00","discovered_at":"2026-05-14T18:04:15.802501+00:00","generated_at":"2026-06-28T09:38:04.973740+00:00","sec_items":["7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"MGP Ingredients prices $175M convertible notes offering to reduce revolving credit facility debt","bullets":["Priced $175 million aggregate principal amount of 1.875% convertible senior notes due 2041 in a private offering.","Initial conversion price is approximately $96.24 per share, a 37.5% premium over the November 10 closing price of $69.99.","Net proceeds estimated at $169.3 million ($194.8 million if over-allotment fully exercised) to reduce outstanding revolving credit facility balance.","Initial purchasers granted option to buy up to an additional $26.25 million principal amount to cover over-allotments.","Settlement scheduled for November 16, 2021; notes guaranteed by MGPI Processing, MGPI of Indiana, and Luxco."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-21-022919","json":"https://secwatch.observer/filing/0001628280-21-022919.json","markdown":"https://secwatch.observer/filing/0001628280-21-022919.md","text":"https://secwatch.observer/filing/0001628280-21-022919.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/835011/000162828021022919/0001628280-21-022919-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/835011/000162828021022919/mgpi-20211110.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T09:38:04.973740+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}