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FLOWERS FOODS INC FILES (8-K) Disclosing Entry into a Material Definitive Agreement, Results of Operations and Financial Condition, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, Financial Statements and Exhibits

August 12, 2014



Item 1.01 Entry into a Material Definitive Agreement.

On August 7, 2014, Flowers Foods, Inc. (the "Company") and Flowers Finance II, LLC (the "Borrower"), a special purpose vehicle that is owned indirectly by the Company, entered into an amendment (the "Amendment") to the Company's existing $150 million receivables loan, security and servicing agreement, dated July 17, 2013, with CoÖperatieve Centrale Raiffeisen-Boerenleenbank B.A., "Rabobank Nederland," New York Branch, as administrative agent and facility agent, and certain financial institutions from time to time party thereto (the "Loan and Security Agreement"). The Amendment (i) increases the revolving commitments to $200,000,000; (ii) extends the term by one year and (iii) makes certain other conforming amendments.

The Company has other relationships, including financial advisory and banking, with some parties to the Loan and Security Agreement and the Asset Securitization Facility.

A copy of the Amendment is filed as Exhibit 10.1 hereto. The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment, which is incorporated by reference.

Item 2.02. Results of Operations and Financial Condition.

On August 12, 2014, Flowers Foods, Inc. issued a press release announcing its financial condition and results of operations as of and for the 12 weeks ended July 12, 2014. A copy of the press release is furnished with this Report as Exhibit 99.1.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits. Exhibit Number Description 10.1 Amendment to Receivables Loan, Security and Servicing Agreement, dated as of August 7, 2014, among Flowers Finance II, LLC, Flowers Foods, Inc. and CoÖperatieve Centrale Raiffeisen-Boerenleenbank B.A., "Rabobank Nederland," New York Branch, as administrative agent and facility agent, and certain financial institutions from time to time party thereto 99.1 Press Release of Flowers Foods, Inc. dated August 12, 2014



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Source: Edgar Glimpses


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