Alto Ingredients, Inc. (ALTO)
- American City Business Journals
Alto Ingredients takes on $125 million loan to make factories more efficient
Sacramento-based specialty alcohol producer Alto Ingredients Inc. has secured $125 million to upgrade its plants to be more profitable.
- GlobeNewswire
Alto Ingredients, Inc. Reports Third Quarter 2022 Results
Grew Net Sales to $336.9 Million, Up 10% from Q3 2021Secured Up to $125 Million in Available Debt for Large Capital-Intensive Programs SACRAMENTO, Calif,, Nov. 07, 2022 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols and essential ingredients, reported its financial results for the quarter ended September 30, 2022. “Focused on long-term growth, we created the financial flexibility to accelerate the next phase of our capital expe
- GlobeNewswire
Alto Ingredients, Inc. Enters Into $125 Million Term Loan Facility to Accelerate Business Transformation
SACRAMENTO, Calif., Nov. 07, 2022 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols and essential ingredients, today announced that it entered into a $125 million senior secured term loan facility with certain funds managed by Orion Infrastructure Capital (“OIC” or “Orion”). The term loan allows for periodic draws in an aggregate amount up to $100 million, with an additional $25 million available subject to satisfying certain cond
