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Subsequent Events
12 Months Ended
Dec. 31, 2020
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
On January 21, 2021, The Andersons, Inc. entered into a credit agreement that includes a short term $250 million term note for working capital needs in which the entire stated principal is due on December 31, 2021. Borrowings under the credit agreement bear interest at variable interest rates, which are based on LIBOR plus an applicable spread.

On February 4, 2021, The Andersons, Inc. completed the second amendment to its credit agreement dated January 11, 2019. The amendment, which replaces an underwritten bridge loan received on January 21, 2021, provides for a short term $250 million term note in which the entire stated principal is due on December 31, 2021. The term note will bear interest at variable interest rates, which are based on LIBOR plus an applicable spread.