Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Global Clean Energy Holdings, Inc. amended term loan of up to $334,550,000 with Orion Energy Partners TP Agent, LLC and the lenders party thereto.
- Instrument
- term loan
- Principal
- up to $334,550,000
- Counterparty
- Orion Energy Partners TP Agent, LLC and the lenders party thereto
- Event
- amendment
Exact text from the filing
On January 27, 2025, certain subsidiaries of Global Clean Energy Holdings, Inc. (“we,” “us,” “our” and the “Company”) entered into Amendment No. 19 to the Company’s senior secured term loan credit agreement (the “Senior Credit Agreement”), by and among BKRF OCB, LLC (the “Borrower”), BKRF OCP, LLC, Bakersfield Renewable Fuels, LLC, Orion Energy Partners TP Agent, LLC, in its capacity as the administrative agent (the “Administrative Agent”), and the lenders party thereto (“Amendment No. 19”). Amendment No. 19 provides for, among other things, an upsizing of the Tranche D commitments under the Senior Credit Agreement of up to $334,550,000 (the “Upsize”), of which any unfunded portion will automatically terminate on February 7, 2025 (or such later date as the Administrative Agent may consent to). In consideration for the Upsize, Amendment No. 19 provides that an aggregate of $40,000,000 of Tranche A, Tranche B and Tranche C loans outstanding under the Senior Credit Agreement will be recha
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