debt
confidence high
sentiment neutral
materiality 0.50
MGP Ingredients upsizes revolver to $500M, extends maturity to 2030
MGP INGREDIENTS INC
- Revolving credit facility increased from $400M to $500M.
- Maturity extended from May 14, 2026 to April 24, 2030.
- Sixth Amendment extends note issuance period under Shelf Agreement to April 24, 2028.
- Permits incremental term loans and revolver increases of $100M–$200M subject to conditions.
- Credit agreement amended to conform Note Purchase and Shelf Agreement to new terms.