GEVO CLOSES $25.9 MLN FINANCING

摘要

Renewable isobutanol producer Gevo Inc. in early May closed a private debt financing with Whitebox Advisors LLC consisting of a senior secured term loan exchangeable into senior secured convertible debentures. The aggregate proceeds from the term loan are $25.9 mln with an option for Gevo to draw an additional $5.2 mln if certain conditions are met.