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FASTENAL CO FILES (8-K) Disclosing Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, Financial Statements and Exhibits

August 22, 2014



Item 1.01. Entry into a Material Definitive Agreement.

On August 19, 2014, Fastenal Company (the "Company") amended its existing unsecured revolving credit agreement (as amended, the "Agreement") with Wells Fargo Bank, National Association, as administrative agent for the lenders party thereto (the "Lenders") and such Lenders. The Agreement was amended to increase the aggregate revolving credit commitment of the Lenders from $170 million to $230 million, with the letter of credit subfacility unchanged at $40 million, and to increase the minimum consolidated EBITDA required to be maintained by the Company during any consecutive four quarter period from $170 million to $230 million. The foregoing description of the amendment to the Agreement is only a summary and does not purport to be complete and is qualified in its entirety by reference to the full text of such amendment, a copy of which is attached hereto as Exhibit 10.1.



Item 2.03. Creation of a Direct Financial Obligation or an Obligation Under an

Off-Balance Sheet Arrangement of a Registrant



The discussion under Item 1.01 is incorporated herein by reference.

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Item 9.01. Financial Statements and Exhibits

(d) Exhibits.

10.1 Second Amendment to Credit Agreement dated as of August 19, 2014 among Fastenal Company, the Lenders party thereto, and Wells Fargo Bank, National Association, as Administrative Agent.



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Source: Edgar Glimpses


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