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U. S. PREMIUM BEEF, LLC FILES (8-K) Disclosing Entry into a Material Definitive Agreement, Financial Statements and Exhibits

June 3, 2014



Item 1.01 Entry into a Material Definitive Agreement.

On May 29, 2014, U.S. PREMIUM BEEF, LLC, a limited liability company formed under the laws of the State of Delaware and COBANK, ACB ("CoBank") entered into a "Revolving Term Loan Supplement" (the "Supplement"). The Supplement was executed on May 29, 2014. The Supplement amends certain provisions of the Master Loan Agreement entered into by CoBank and U.S. Premium Beef, LLC on July 26, 2011, as amended from time to time.

The Amendment extends the term of the Revolving Term Loan Commitment (Commitment) up to and including June 30, 2017. The Amendment also provides for a reduction in the amount available under the Commitment to $5 million from $15 million and reduces the Commitment Fee to 0.25% per annum.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits



The following are filed as Exhibits to this Report:

Exhibit No. Description of Exhibit 10.1 Revolving Term Loan Supplement between U.S. Premium Beef, LLC and CoBank, ACB dated May 29, 2014 2



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Source: Edgar Glimpses


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