Moody's Says Recent Acquisitions by Green Plains (GPRE) are Credit-Negative Developments

October 10, 2016 5:11 PM EDT

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Moody's Investors Service said that Green Plains Inc. (Nasdaq: GPRE)' business profile is strengthened by the acquisition of three ethanol plants and a vinegar company in separate transactions, but views the combined effect as credit negative in the near-term because the transactions are predominantly debt-funded.

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