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Andersons, Inc. Capital/Financing Update 2015

Dec 9, 2015

32002_rns_2015-12-09_477fbcfa-bafc-4f85-b4b9-bf2715857fa0.zip

Capital/Financing Update

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 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): December 4, 2015

The Andersons, Inc.


(Exact name of registrant as specified in its charter)

Ohio 000-20557 34-1562374
___ (State or other jurisdiction _______ (Commission __ (I.R.S. Employer
of incorporation) File Number) Identification No.)
480 West Dussel Drive, Maumee, Ohio 43537
_________ (Address of principal executive offices) _____ (Zip Code)

Registrant’s telephone number, including area code: 419-893-5050

Not Applicable


Former name or former address, if changed since last report

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:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events

On December 4, 2015, Lansing Trade Group, LLC agreed to the sale of equity to New Hope Liuhe Investment (USA), Inc., a U.S. subsidiary of Chinese company, New Hope Liuhe Co. Ltd. New Hope paid cash for a 20% equity interest in Lansing.

The impact of this transaction to The Andersons, Inc. is a reduction in total ownership share of Lansing Trade Group from approximately 39% to 31% which includes dilution from newly issued shares as well as a redemption of shares that occurred on a pro rata basis between The Andersons and the other existing owners of Lansing Trade Group. Gross proceeds from redemption are approximately $8 million.

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.

/s/ John Granato
Name: John Granato
Title: Chief Financial Officer
(Principal Financial Officer)

Exhibit Index

Exhibit No. Description
99.1 Lansing Trade Group Press Release