ANDERSONS, INC. : Entering into a Material Definitive Agreement, Creating a Direct Financial Obligation or Obligation Under an Off-Balance Sheet Registrant Arrangement, Financial Statements and Exhibits (Form 8-K)

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Section 1.01 Entering into a Material Definitive Agreement

On May 27, 2022, The Andersons, Inc. finalized an amendment to its credit agreement dated January 11, 2019with National Association of American Banks, as administrative agent. The amendment will convert the $350 million outstanding balance of $450 million modification of the additional term loan as of March 9, 2022to a revolving credit agreement with a capacity of up to $450 million. The full amount remaining due will be due on August 31, 2022. The revolving credit agreement will bear interest at variable rates, which are based on the SOFR plus an applicable spread, subject to the terms and conditions set out in Schedule 10.1 hereof.

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

The information contained in Section 1.01 is incorporated herein by reference.

Item 9.01 Financial statements and supporting documents

(d) Exhibits:

 Exhibit No.       Description

 10.1                Incremental Revolving Loan Amendment to Credit Agreement

 104               Inline XBRL for the cover page of this Current Report on Form 8-K



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