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EX-99.1 - ELEVENTH AMENDMENT OF FIRST AMENDED AND RESTATE CONSTRUCTION LOAN AGREEMENT - Cardinal Ethanol LLCeleventhamendmentoffirstam.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): November 29, 2017

CARDINAL ETHANOL, LLC
(Exact name of small business issuer as specified in its charter)
 
Indiana
000-53036
20-2327916
(State or other jurisdiction of incorporation or organization)
(Commission File Number)
(I.R.S. Employer Identification No.)
 
1554 N. County Road 600 E, Union City, IN
47390
(Address of principal executive offices)
(Zip Code)
 
(765)-964-3137
(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 November 29, 2017, Cardinal Ethanol, LLC and its primary lender, First National Bank of Omaha, executed an Eleventh Amendment of First Amended and Restated Construction Loan Agreement to be effective as of October 31, 2017, which amends the First Amended and Restated Construction Loan Agreement dated June 10, 2013 (the "Amendment"). The purpose of the Amendment was to extend the date for completion of construction of the grain receiving and train loading facility and the draw period for the construction loan from October 1, 2017 to December 31, 2017.
    
Item 9.01 Financial Statements and Exhibits

(a)
None.

(b)
None.

(c)
None.

(d)
Exhibits.

Exhibit No.
Description

        
    
    


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.

 
CARDINAL ETHANOL, LLC
 
 
Date: November 29, 2017
/s/ William Dartt
 
William Dartt, Chief Financial Officer and Treasurer
 
(Principal Financial Officer)