RENTECH, INC. (NASDAQ:RTK) Files An 8-K Entry into a Material Definitive Agreement

RENTECH, INC. (NASDAQ:RTK) Files An 8-K Entry into a Material Definitive Agreement

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Item 1.01. Entry into a Material Definitive Agreement.

Effective January 20, 2017, Rentech, Inc. (the Company) entered
into Amendment No. 1 to the Transaction Agreement dated as of
August 9, 2015 (the Amendment) with CVR Partners, LP (the
Partnership), Coffeyville Resources, LLC, Rentech Nitrogen
Holdings, Inc. (Holdings), and DSHC, LLC (DSHC and, together with
the Company and Holdings, the Partnership Unitholders).The
Amendment provides that the Partnership Unitholders may appoint
up to one director to the Board of Directors of the general
partner of the Partnership (the Partnership Board) so long as
they and certain of their permitted assignees (including, until
April 1, 2017, GSO Capital Partners and its affiliates who
currently hold approximately 15% of the outstanding Partnership
Common Units (the GSO Funds)) hold at least 15% of the
outstanding Partnership Common Units.

Prior to the effectiveness of the Amendment, the Partnership
Unitholders had the right to appoint up to two directors to the
Partnership Board, subject to the limitations described in the
Transaction Agreement.The Company separately provided the GSO
Funds with the right to designate one of those directors to a
letter agreement dated April 4, 2016 (the Letter Agreement) by
and among the Company, DSHC, Holdings and the GSO
Funds.Simultaneous with the effectiveness of the Amendment, (i)
the Partnership provided the GSO Funds with the direct right to
appoint up to one director to the Partnership Board, subject to
limitations similar to those applicable to the Company, and (ii)
the Company entered into an amendment to the Letter Agreement
dated January 20, 2017 (the Letter Agreement Amendment) with
DSHC, Holdings and the GSO Funds terminating the matters related
to Partnership Board designation rights in the Letter Agreement.

The summaries of the Amendment and the Letter Agreement Amendment
in this Current Report on Form 8-K do not purport to be complete
and are qualified by reference to the full text of the Amendment
and the Letter Agreement Amendment, which are filed as Exhibits
10.1 and 10.2 hereto and incorporated by reference herein.

Item 9.01Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.

Description

10.1

Amendment No. 1 to Transaction Agreement, dated January
20, 2017, by and among CVR Partners, LP, Coffeyville
Resources, LLC, Rentech, Inc., Rentech Nitrogen Holdings,
Inc. and DSHC, LLC.

10.2

Amendment to the Letter Agreement, dated January 20,
2017, by and among GSO Capital Partners LP, the GSO
Funds, Rentech, Inc., Rentech Nitrogen Holdings, Inc. and
DSHC, LLC


About RENTECH, INC. (NASDAQ:RTK)

Rentech, Inc. is a provider of wood fiber processing services, wood chips and wood pellets. The Company’s processing business includes Fulghum Fibres, Inc. (Fulghum), which operates approximately 30 wood chipping mills in the United States and South America. The Company provides wood yard operations services. The Company operates a wood fiber processing business. The Company’s segments include Fulghum Fibres, which involves the operations of Fulghum; Wood Pellets: Industrial, which includes its facilities and wood pellet development activities, and Wood Pellets: New England Wood Pellet, LLC (NEWP), which involves in the operations of NEWP and produces wood pellets for the residential and commercial heating markets in the United States, and it also includes Allegheny Pellet Corporation’s (Allegheny’s) operations.

RENTECH, INC. (NASDAQ:RTK) Recent Trading Information

RENTECH, INC. (NASDAQ:RTK) closed its last trading session down -0.09 at 2.51 with 855,957 shares trading hands.

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