GREEN PLAINS INC. (NASDAQ:GPRE) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement.

On July 13, 2018 Green Plains Inc., and substantially all of the Company’s subsidiaries, but not including Green Plains Partners and certain other entities, as guarantors, amended the $500 million term loan agreement (the “Term Loan Agreement”) with BNP Paribas, as administrative agent and collateral agent and certain other financial institutions.

For purpose of the negative covenants under the Term Loan Agreement, Permitted Acquisitions now exclude from the applicable calculation, working capital assets funded with proceeds of any ABL Facilities when determining aggregate consideration paid or payable related to the acquisition of a business.

All other terms and conditions of the Term Loan Agreement remain the same. The amendment to the Term Loan Agreement will be filed in its entirety with our Quarterly Report on Form 10-Q for the quarter ended June 30, 2018.

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information set forth in Item 1.01 above is incorporated into this Item 2.03 by reference.

About GREEN PLAINS INC. (NASDAQ:GPRE)

Green Plains Inc. (Green Plains) is a vertically integrated producer, marketer and distributor of ethanol. The Company operates through four segments: Ethanol Production, Agribusiness, Marketing and Distribution, and Partnership. The Company’s ethanol production segment is engaged in the production of ethanol and related distillers grain. Its ethanol production segment includes over 10 ethanol plants in Indiana, Iowa, Michigan, Minnesota, Nebraska, Tennessee, Texas and Virginia. The Company owns and operates grain handling and storage assets through its agribusiness segment. The Company’s marketing and distribution segment is engaged in marketing and providing logistical services for ethanol and other commodities for a third-party ethanol producer. The Company’s partnership segment provides fuel storage and transportation services by owning, operating, developing and acquiring ethanol and fuel storage tanks, terminals, transportation assets and other related assets and businesses.