-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Q4gOp+aIxtAQ7eAXjLpi2iXZx+axbyNaTAa2EFqMMlkhbSSTw+38VbtV7BuVKQDM 52bjd3ghTP1NGqM7KvZMRg== 0000950144-09-002388.txt : 20090319 0000950144-09-002388.hdr.sgml : 20090319 20090319163648 ACCESSION NUMBER: 0000950144-09-002388 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090317 ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant FILED AS OF DATE: 20090319 DATE AS OF CHANGE: 20090319 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Novelis Inc. CENTRAL INDEX KEY: 0001304280 STANDARD INDUSTRIAL CLASSIFICATION: ROLLING DRAWING & EXTRUDING OF NONFERROUS METALS [3350] IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32312 FILM NUMBER: 09693739 BUSINESS ADDRESS: STREET 1: 3399 PEACHTREE ROAD NE, SUITE 1500 CITY: ATLANTA STATE: GA ZIP: 30326 BUSINESS PHONE: 404-814-4210 MAIL ADDRESS: STREET 1: 3399 PEACHTREE ROAD NE, SUITE 1500 CITY: ATLANTA STATE: GA ZIP: 30326 8-K 1 g18180e8vk.htm FORM 8-K 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)   March 17, 2009
 
NOVELIS INC.
 
(Exact name of registrant as specified in its charter)
         
Canada   001-32312   98-0442987
         
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  (IRS Employer
Identification No.)
     
3399 Peachtree Road NE, Suite 1500, Atlanta, GA   30326
     
(Address of principal executive offices)   (Zip Code)
Registrant’s telephone number, including area code   (404) 814-4200
 
Not Applicable
 
(Former name or former address, if changed since last report.)
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:
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


 

Item 2.03.   Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
     On July 6, 2007, Novelis Inc. (the “Company”), Novelis Corporation, and certain affiliates of the Company named therein as guarantors (collectively, the “Loan Parties”), entered into a $960 million term loan facility (“Term Loan Facility”) with certain lenders. On March 17, 2009, the Loan Parties completed a transaction whereby they borrowed an additional $220 million under the Term Loan Facility (the “Incremental Term Loans”). Additionally, on March 17, 2009, the Loan Parties used the proceeds from the Incremental Term Loans to repurchase $275 million of the Company’s 7.25% Senior Notes due 2015 (the “Senior Notes”). The Company expects that these transactions will reduce future cash interest and principal payments associated with its debt obligations.
     The Incremental Term Loans were issued under the existing Term Loan Facility. The material terms and conditions of the Term Loan Facility are described in the Company’s Form 8-K filed on July 12, 2007, and are incorporated herein by reference.

 


 

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.
         
  NOVELIS INC.
 
 
Date: March 19, 2009  By:   /s/ Christopher M. Courts    
    Christopher M. Courts   
    Assistant General Counsel and Corporate Secretary   
 

 

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