SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the
Securities Exchange Act of 1934
|
|
|
Date of Report (Date of earliest event reported) |
|
July 27, 2016 |
GREEN PLAINS INC.
(Exact name of registrant as specified in its charter)
Iowa
(State or other jurisdiction of incorporation)
|
|
|
|
001-32924 |
84-1652107 |
|
(Commission file number) |
(IRS employer identification no.) |
|
|
|
|
450 Regency Parkway, Ste. 400, Omaha, Nebraska |
68114 |
|
(Address of principal executive offices) |
(Zip code) |
(402) 884-8700
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ . Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ . Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ . Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ . Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01. Entry into a Material Definitive Agreement.
On July 27, 2016, Green Plains Grain Company LLC entered into a Seventh Amendment (the “Amendment”) of its Credit Agreement and Release, dated as of October 28, 2011, as amended, with BNP Paribas (as Lender and Agent) and additional financial institutions (the “Credit Agreement and Release”). This Amendment extends the Credit Agreement and Release by 3 years to July 26, 2019 with advances subject to an interest rate equal to LIBOR plus 3.00% or the base rate plus 2.00%.
Discussed above are the key modifications in the Amendment, which are not intended to be inclusive of all modifications. The Seventh Amendment to the Credit Agreement and Release will be filed in its entirety with our Quarterly Report on Form 10-Q for the quarter ended June 30, 2016.
Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The information disclosed in Item 1.01 is incorporated by reference into this Item 2.03.
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|
|
|
|
Date: August 1, 2016 |
Green Plains Inc.
Jerry L. Peters (Principal Financial Officer) |