Andersons amendment raises tranche A line of credit by $130 million

By Jennifer Chiou

New York, Dec. 8 - Andersons, Inc. entered into on Wednesday an amendment and restatement of its credit facility, which now provides for a $735 million tranche A line of credit as well as a $115 million tranche B line of credit, according to an 8-K filed with the Securities and Exchange Commission.

At the beginning of the year, the company amended the loan agreement to increase the A tranche to $605 million from $513 million.

U.S. Bank NA is the agent.

Andersons is a Maumee, Ohio-based diversified company with interests in the grain, ethanol and plant nutrient sectors as well as in railcar leasing and repair, turf products production, and general merchandise retailing.

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