Attached files
| file | filename |
|---|---|
| EX-99.1 - FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT - HIGHWATER ETHANOL LLC | hwoperatinglocrenewalfeb20.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 26, 2015
HIGHWATER ETHANOL, LLC | |||
(Exact name of small business issuer as specified in its charter) | |||
Minnesota | 333-137482 | 20-4798531 | |
(State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification No.) | |
205 S. Main Street, PO Box 96, Lamberton, MN | 56152 | ||
(Address of principal executive offices) | (Zip Code) | ||
(507) 752-6160 | |||
(Issuer's telephone number) | |||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 1.01 Entry Into a Material Definitive Agreement
On February 26, 2015, Highwater Ethanol, LLC (the "Company") entered into a First Amendment to Amended and Restated Credit Agreement with AgStar Financial Services, PCA, as administrative agent, ("AgStar") which amended the Amended and Restated Credit Agreement dated September 22, 2014. The First Amendment to Amended and Restated Credit Agreement (the "First Amendment") extends the maturity date on the Revolving Line of Credit until March 1, 2016. In addition, the First Amendment provides that the Company may exceed the $2,000,000 limit on capital expenditures for expenses related to the construction of new grain storage facilities and a water pipeline.
Item 9.01 Financial Statements and Exhibits
(a) | None. |
(b) | None. |
(c) | None. |
(d) | Exhibits |
Exhibit No. Description
99.1 First Amendment to Amended and Restated Credit Agreement.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
HIGHWATER ETHANOL, LLC | |
Date: February 27, 2015 | /s/ Lucas Schneider |
Lucas Schneider, Chief Financial Officer | |