Alto Ingredients Inc (ALTO)

[kel3]

Pacific Ethanol adds to $40 million revolving credit line.

The new credit line provides additional working capital to support plant operations and augments the plants

Pacific Ethanol Holding Co. LLC has added $10 million to its lines of credit, the company announced Thursday.
Credit Suisse Loan Funding LLC acted as the syndication agent for the deal. The Sacramento-based marketer and producer of low-carbon renewable fuels already was supported by a $40 million revolving credit line. The new credit line provides additional working capital to support plant operations and augments the plants’ existing credit facility, the company said.

(Think About It !)
$40 Million Credit Line/$40 Million Debt

Most Of It Unused

the Rest to Support Opperations

They Have to Buy ALOT Of Corn & Milo to Produce 160 mln Gal. Of Ethanol per Year.