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MGP Ingredients Expands Revolver by $100 Million, Extends Maturity
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MGP Ingredients Expands Revolver by $100 Million, Extends Maturity
May 25, 2025 9:32 PM

04:17 AM EDT, 04/30/2025 (MT Newswires) -- MGP Ingredients ( MGPI ) said late Tuesday that it upsized its revolving credit facility to $500 million from $400 million and extended its maturity to 2030 from 2026.

The revolver includes an accordion feature, the size of which was doubled to $200 million, subject to conditions.

The company also amended an agreement to extend its shelf for issuing up to $250 million of senior secured promissory notes to 2028.

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