Green plains announces proposed concurrent public offerings of $150 million of common stock and $150 million aggregate principal amount of convertible senior notes

Omaha, neb., feb. 24, 2021 (globe newswire) -- green plains inc. (nasdaq:gpre) today announced that it intends to offer $150 million of common stock and $150 million aggregate principal amount of convertible senior notes due 2027 in separate concurrent public offerings registered under the securities act of 1933, as amended (the “securities act”), subject to market and other conditions. the notes will be convertible into cash, shares of the company's common stock or a combination of cash and common stock, at the election of the company, when certain conditions are met. the interest rate, conversion rate, offering price and other terms will be determined at the time of pricing of the offering of the notes.
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