secwatch / observer
8-K filed February 26, 2025, 6:59 PM ET CIK 0000748790
debt confidence high sentiment neutral materiality 0.55

Global Clean Energy Holdings, Inc.: debt financing — GCEH amends credit agreement, upsizes Tranche D commitments by up to $338.6M

Global Clean Energy Holdings, Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

Global Clean Energy Holdings, Inc. amended credit facility of up to $338,550,000 with Orion Energy Partners TP Agent, LLC.

Instrument
credit facility
Principal
up to $338,550,000
Counterparty
Orion Energy Partners TP Agent, LLC
Event
amendment
Exact text from the filing
On February 21, 2025, certain subsidiaries of Global Clean Energy Holdings, Inc. (“we,” “us,” “our” and the “Company”) entered into Amendment No. 20 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. 20”). Amendment No. 20 provides for, among other things, an upsizing of the Tranche D commitments under the Senior Credit Agreement of up to $338,550,000 (the “Upsize”), of which any unfunded portion will automatically terminate on March 7, 2025 (or such later date as the Administrative Agent may consent to).
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Source: SEC EDGAR
accession 0001628280-25-007964
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