Alto Ingredients, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

DEBT. (Tables)

DEBT. (Tables)

12 Months Ended

Dec. 31, 2018

Long-term borrowings are summarized as follows (in thousands):

	December 31, 2018			December 31, 2017
Kinergy line of credit	$	57,057		$	49,477
Pekin term loan		43,000			53,500
Pekin revolving loan		32,000			32,000
ICP term loan		16,500			22,500
ICP revolving loan		18,000			18,000
Pacific Aurora line of credit		—			—
Parent notes payable		66,948			68,948
		233,505			244,425
Less unamortized debt discount		(690	)		(1,409	)
Less unamortized debt financing costs		(1,377	)		(1,925	)
Less short-term portion		(146,671	)		(20,000	)
Long-term debt	$	84,767		$	221,091

Schedule of maturities of long-term debt

The Company’s long-term debt matures as follows (in thousands):

December 31:
2019	$	86,260
2020		20,000
2021		19,500
2022		107,745
2023		—
	$	233,505

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details