Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
REGI > SEC Filings for REGI > Form 8-K on 10-Dec-2013All Recent SEC Filings

Show all filings for RENEWABLE ENERGY GROUP, INC.

Form 8-K for RENEWABLE ENERGY GROUP, INC.


10-Dec-2013

Entry into a Material Definitive Agreement, Creation of a Direct Fin


Item 1.01. Entry into a Material Definitive Agreement.

On December 4, 2013, REG Newton, LLC ("REG Newton"), a wholly-owned subsidiary of Renewable Energy Group, Inc. (the "Company"), entered into an Amended and Restated Master Loan Agreement, effective December 1, 2013 (the "Amended and Restated Agreement"), with AgStar Financial Services, PCA ("AgStar"), which replaced the existing Master Loan Agreement, dated March 8, 2010, between REG Newton and AgStar, as amended and supplemented (the "Original Agreement"). The Amended and Restated Agreement extends the maturity of the existing term loan under the Original Agreement by 5 years until December 1, 2018 and increases the term loan amount by $5 million to a total of $23,142,157.33. Borrowings under the Amended and Restated Agreement shall bear interest at a rate equal to the LIBOR Rate plus 4.00% per annum, which is a reduction of 1% per annum compared to the Original Agreement. The interest rate may also be converted to a fixed rate loan in the future at a rate to be mutually agreed upon by REG Newton and AgStar. The Amended and Restated Agreement will continue to be secured by assets of REG Newton pursuant to a mortgage and security agreement executed in connection with the Original Agreement and contains customary representations, covenants and default terms similar to the Original Agreement.



Item 2.03. Creation of a Direct Financial Obligation.

The description of the obligations of the Company included in Item 1.01 above is incorporated by reference herein.


  Add REGI to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for REGI - All Recent SEC Filings
Copyright © 2014 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.