BioFuel Energy’s subsidiaries unable to pay $17.6 million in senior debt

August 19, 2013 |

In Colorado, several unnamed entities are looking to purchase one or both of BioFuel Energy’s Midwest ethanol plants following following subsidiaries’ inability to pay $17.6 million in senior debt, forcing them into default. According to a SEC filing, the two ethanol plants are pledged as collateral for the loans, whose grace period expired July 30.

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Category: Producer News

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