Renewable Energy Group Pays Off LT Debt of Biorefinery Unit in Seneca, Illinois

Renewable Energy Group REGI today announced that it paid off long-term debt obligations of its operating biorefinery subsidiary in Seneca, Illinois. REG Seneca, LLC retired its outstanding long-term debt obligation of $34.5 million on December 21 with cash generated from operations since April 2010. This amended and restated credit agreement went into effect April 2010 with Portigon AG (formerly WestLB AG).