MGP Ingredients (MGPI) said late Tuesday that it upsized its revolving credit facility to $500 million from $400 million and extended its maturity to 2030 from 2026.
The revolver includes an accordion feature, the size of which was doubled to $200 million, subject to conditions.
The company also amended an agreement to extend its shelf for issuing up to $250 million of senior secured promissory notes to 2028.