secwatch.observer — SEC 8-K summary
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Issuer:     Global Clean Energy Holdings, Inc. (—)
CIK:        0000748790
Form:       8-K
Filed at:   2024-04-12T23:59:59+00:00
Accession:  0001628280-24-016100
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Global Clean Energy upsizes Tranche D by $165M, pledges subsidiary equity as collateral
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- Amended Senior Credit Agreement increased Tranche D loan facility by up to $165M.
- Company pledged equity interests in subsidiaries, including Camelina Co. España, as collateral.
- Intercompany note between BKRF OCB and Sustainable Oils unchanged: $15M principal, 15% interest, due Aug 22, 2024.
- SusOils to pay BKRF OCB 5% of gross revenues from Camelina license for 5 years starting 2025.
- SusOils granted non-exclusive license of Camelina varieties to BKRF for $2.5M one-time fee.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/748790/000162828024016100/0001628280-24-016100-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/748790/000162828024016100/gceh-20240409.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-016100

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