Tiger Brokers

The Andersons amends credit agreement; revolving facility capacity drops to $1.30 billion

Reuters
Yesterday
The Andersons amends credit agreement; revolving facility capacity drops to $1.30 billion
  • The Andersons completed an amendment to its Credit Agreement with U.S. Bank National Association as administrative agent, cutting the revolving credit facility capacity to $1.3 billion from $1.55 billion.
  • The revolving facility’s maturity date was extended to March 20, 2031.
  • The company’s existing $114 million term loan maturity was extended to March 20, 2031.
  • A $170 million term loan under the Credit Agreement and an $86 million term loan dated April 3, 2023 with Farm Credit Mid-America were combined into a single consolidated $256 million loan, with maturity extended to March 20, 2034.
  • Borrowings under the Credit Agreement will continue to bear interest at variable rates based on SOFR plus an applicable spread.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Andersons Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000821026-26-000048), on March 25, 2026, and is solely responsible for the information contained therein.

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