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DIEBOLD INC FILES (8-K) Disclosing Entry into a Material Definitive Agreement, Financial Statements and Exhibits

September 2, 2014



Item 1.01 Entry into a Material Definitive Agreement

On August 26, 2014, Diebold, Incorporated (the "Company") entered into a First Amendment to Credit Agreement and Guaranty (the "First Amendment") with JPMorgan Chase Bank, N.A., as administrative agent (the "Agent"), and certain financial institutions named therein (the "Lenders"). The First Amendment modifies certain terms of the Credit Agreement, dated as of June 30, 2011, by and among the same parties (the "Credit Agreement"). The Company and certain specified wholly owned subsidiaries of the Company guarantee the payment in full of amounts due from the Company and its subsidiary borrowers under the Credit Agreement. Pursuant to the terms of the First Amendment, the maturity date of the Credit Agreement has been extended from June 30, 2016 to August 26, 2019. In addition, among other things, pursuant to the terms of the First Amendment, the net lending commitment from the Lenders, collectively, has been increased from $500 million to $520 million. The Agent and certain of the Lenders (and each of their respective subsidiaries or affiliates) have in the past provided, are currently providing and may in the future provide, investment banking, cash management, underwriting, lending, commercial banking, trust, leasing services, foreign exchange and other advisory services to, or engage in transactions with, the Company and its subsidiaries or affiliates. These parties have received, and may in the future receive, customary compensation from the Company and its subsidiaries or affiliates, for such services. The First Amendment is filed herewith as Exhibit 10.1 to this Current Report on Form 8-K. The foregoing description of the First Amendment is qualified in its entirety by reference to the full text of the First Amendment, which is incorporated herein by reference.



Item 9.01. Financial Statements and Exhibits.

(d) Exhibits. Exhibit Number Description 10.1 First Amendment to Credit Agreement and Guaranty



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Source: Edgar Glimpses


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