8-K 1 dp51980_8k.htm FORM 8-K
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
FORM 8-K
 
 
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
 
Date of report (Date of earliest event reported): December 19, 2014
 
 
INGRAM MICRO INC.
(Exact Name of Registrant as Specified in Its Charter)
 
 
         
Delaware
 
1-12203
 
62-1644402
(State or Other Jurisdiction
of Incorporation)
 
(Commission
File Number)
 
(I.R.S. Employer
Identification No.)
 
1600 E. St. Andrew Place
Santa Ana, CA 92705
(Address, including zip code of Registrant’s principal executive offices)
 
Registrant’s telephone number, including area code: (714) 566-1000
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 

 
 

 


Item 1.01 Entry into a Material Definitive Agreement.

On December 19, 2014, Ingram Micro Inc. (“Ingram Micro”) and certain of its subsidiaries entered into a second amendment (the “Amendment”) to its Credit Agreement dated as of September 28, 2011 among Ingram Micro, Ingram Micro Coordination Center BVBA, Ingram Micro Luxembourg S.à r.l, the Lenders from time to time party thereto, and The Bank of Nova Scotia as administrative agent (as amended from time to time, the “Credit Agreement”).  The Amendment will be effective as of January 5, 2015, subject to customary closing conditions. 

Among other things, the Amendment provides for an increase in the total commitments under the Credit Agreement from $940 million to $1,500 million, including an increase to the swingline sub-facility from $100 million to $150 million.  Pursuant to the Amendment, Ingram Micro has an option to increase the total commitments under the Credit Agreement by an aggregate principal amount of $350 million, subject to certain conditions.  The Amendment also provides for certain reductions to pricing and commitment fees.  The Amendment extends the maturity date of the Credit Agreement to January 5, 2020.  Pursuant to the Amendment, Ingram Micro Coordination Center BVBA will no longer be a borrower under the Credit Agreement, and certain subsidiaries of Ingram Micro will become guarantors under the Credit Agreement.  Ingram Micro is paying customary fees in connection with its entry into the Amendment.
 
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information provided in Item 1.01 of this report is incorporated herein by reference.
 
Item 9.01 Financial Statement and Exhibits
 
(d) Exhibits
   
Exhibit No.
Description
   
10.1
Amendment No. 2 to Credit Agreement, dated as of December 19, 2014.
 

 
 

 



SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
       
INGRAM MICRO INC.
 
     
By:
 
/s/ Larry C. Boyd
 
Name:
 
Larry C. Boyd
 
Title:
 
Executive Vice President,
 
   
Secretary and General Counsel
 
 
Date: December 22, 2014
 
 

 
 

 



EXHIBIT INDEX
 
   
Exhibit No.
Description
   
10.1
Amendment No. 2 to Credit Agreement, dated as of December 19, 2014.