12:57 PM EDT, 08/13/2025 (MT Newswires) -- Green Plains ( GPRE ) has pledged the bulk of its ethanol plants as collateral to funds managed by BlackRock ( BLK ) , as the biofuels maker seeks more time to repay its $128 million debt, Bloomberg reported Thursday, citing a regulatory filings.

Green Plains ( GPRE ) has extended the payment deadline of its junior mezzanine notes to September 2026, and in the process, it had to include a ninth plant as guarantee to back the notes, Bloomberg said.

Green Plains ( GPRE ) did not immediately respond to MT Newswires' request for comment.

Shares of Green Plains ( GPRE ) were up 3.3% in recent trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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