---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-031563"
form_type: "8-K"
ticker: "MGPI"
cik: "0000835011"
company_name: "MGP INGREDIENTS INC"
filed_at: "2023-09-06T23:59:59+00:00"
generated_at: "2026-06-10T23:41:52.967949+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# MGP Ingredients increases shelf facility to $250M, extends through Aug 2026

## Summary
- Maximum principal under shelf facility increased from $140M to $250M, subject to conditions and purchaser discretion.
- Issuance period for senior secured promissory notes extended from Aug 23, 2023 to Aug 31, 2026.
- Amendment effective August 23, 2023; entered into on August 31, 2023.
- Company paid a renewal fee of $35,000 to Prudential.
- Guarantors (MGPI Processing, MGPI Pipeline, etc.) ratified their obligations under the amended agreement.

## SEC filing metadata
- accession: 0001628280-23-031563
- form_type: 8-K
- ticker: MGPI
- cik: 0000835011
- company_name: MGP INGREDIENTS INC
- filed_at: 2023-09-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/835011/000162828023031563/0001628280-23-031563-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/835011/000162828023031563/mgpi-20230831.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-031563
- JSON: https://secwatch.observer/filing/0001628280-23-031563.json
- Plain text: https://secwatch.observer/filing/0001628280-23-031563.txt

## Key facts
- Material Agreements
  MGP INGREDIENTS INC amended Fifth Amendment to Note Purchase and Private Shelf Agreement with PGIM, Inc. and certain of its affiliates valued at increased from $140 million ... to $250 million (effective 2023-08-31).
  - Action: amendment
  - Agreement: notes offering
  - Counterparty: PGIM, Inc. and certain of its affiliates
  - Value: increased from $140 million ... to $250 million
  - Effective: 2023-08-31
  source text: On August 31, 2023, MGP Ingredients, Inc. (the “Company”) entered into a Fifth Amendment to Note Purchase and Private Shelf Agreement (the “Fifth Amendment”) among the Company, PGIM, Inc. and certain of its affiliates as noteholders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/835011/000162828023031563/0001628280-23-031563-index.htm

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