Green plains completes concurrent offerings of common stock and convertible senior notes due 2027

Omaha, neb., march 01, 2021 (globe newswire) -- green plains inc. (nasdaq:gpre) today announced the completion of its underwritten public offerings of 8,751,500 shares of common stock, which includes the full exercise of the underwriters' option to purchase additional shares, and $230 million aggregate principal amount of 2.25% convertible senior notes due 2027, which includes the full exercise of the underwriters' option to purchase additional notes. the shares of common stock and notes were offered and sold in a public offering under the securities act of 1933, as amended. the company's estimated net proceeds from the common stock offering were approximately $191.1 million and the notes offering were approximately $222.5 million after deducting the initial purchasers' discounts and commissions and our estimated offering expenses.
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