Item 1.01 Entry into a Material Definitive Agreement

On January 21, 2021, The Andersons, Inc. entered into a Credit Agreement that includes a short term $250 million term note for working capital needs in which the entire stated principal is due on December 31, 2021, with U.S. BANK NATIONAL ASSOCIATION, as Administrative Agent, subject to the terms and conditions set forth in Exhibit 10.2, herein. Borrowings under the Credit Agreement bear interest at variable interest rates, which are based on LIBOR plus an applicable spread.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

The information contained in Item 1.01 is incorporated by reference herein.




Item 9.01 Financial Statements and Exhibits
Exhibit No.              Description

10.1                       CREDIT AGREEMENT DATED AS OF JANUARY 21, 2021 AMONG THE ANDERSONS, INC.,
                         THE LENDERS, AND U.S. BANK NATIONAL ASSOCIATION, AS ADMINISTRATIVE AGENT
104                      Inline XBRL for the cover page of this Current Report on Form 8-K

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