secwatch.observer — SEC 8-K summary
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Issuer:     MGP INGREDIENTS INC (MGPI)
CIK:        0000835011
Form:       8-K
Filed at:   2023-09-06T23:59:59+00:00
Accession:  0001628280-23-031563
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/835011/000162828023031563/0001628280-23-031563-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/835011/000162828023031563/mgpi-20230831.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-031563

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