-----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, GexPEJLIT7Qs0OrGOVXoXLrAWNYZ9Lm/f5aoMhwKJMofRjOnEoA6njOkJUU3zKBY 9gWdrlrqA0TSvUwTlW3Lcw== 0000906318-09-000100.txt : 20090707 0000906318-09-000100.hdr.sgml : 20090707 20090707160542 ACCESSION NUMBER: 0000906318-09-000100 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090630 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090707 DATE AS OF CHANGE: 20090707 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CINCINNATI FINANCIAL CORP CENTRAL INDEX KEY: 0000020286 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 310746871 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-04604 FILM NUMBER: 09933436 BUSINESS ADDRESS: STREET 1: 6200 S GILMORE RD CITY: FAIRFIELD STATE: OH ZIP: 45014 BUSINESS PHONE: 5138702000 MAIL ADDRESS: STREET 1: P.O. BOX 145496 CITY: CINCINNATI STATE: OH ZIP: 45250 8-K 1 cinfin8k63009.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:  June 30, 2009

(Date of earliest event reported)

 

 

CINCINNATI FINANCIAL CORPORATION

(Exact name of registrant as specified in its charter)

 

Ohio

0-4604

31-0746871

(State or other jurisdiction

 of incorporation)

(Commission

 File Number)

(I.R.S. Employer

 Identification No.)

 

 

 

6200 S. Gilmore Road, Fairfield, Ohio

45014-5141

(Address of principal executive offices)

(Zip Code)

 

 

Registrant’s telephone number, including area code:  (513) 870-2000

 

N/A

(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:


¨

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 240.13a-4(c))


Item 1.01  Entry into a Material Definitive Agreement.

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


On June 30 2009, Cincinnati Financial Corporation obtained an extension of its $75 million unsecured discretionary line of credit with PNC Bank, N.A. from June 30, 2009 to August 31, 2009, with no other change in contract terms. CFC Investment Company, a subsidiary of Cincinnati Financial Corporation, also is a borrower under this line of credit.  At June 30, 2009, there was $49 million outstanding on this line of credit at a rate of LIBOR plus 100 basis points.  


Item 9.01 Financial Statements and Exhibits


(c) Exhibits


Exhibit 10.01 – Conformation letter extending term of $75 million unsecured discretionary line of credit with PNC Bank, N.A. dated June 30, 2009.





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.

 

 

 

CINCINNATI FINANCIAL CORPORATION

 

 

 

 

 

 

Date:  July 7, 2009

/S/ Steven J. Johnston

 

Steven J. Johnston, FCAS, MAAA, CFA

 

Chief Financial Officer, Senior Vice President, Secretary and Treasurer

 

 





EX-10 2 ex1001.htm EXHIBIT 10.01 .







June 30, 2009



Cincinnati Financial Corporation

CFC Investment Company

P.O. Box 145496

Cincinnati, Ohio 45250

Attention:

Kenneth W. Stecher

Chief Executive Officer


Re:

Reapproval of Discretionary Line of Credit


Dear Mr. Stecher:


This letter is to confirm that PNC Bank, National Association (the “Bank”) has recently temporarily extended the $75,000,000.00 discretionary line of credit to Cincinnati Financial Corporation and CFC Investment Company (collectively, the “Company”).  The Expiration Date set forth in our confirmation letter dated June 30, 2008, has been extended from June 30, 2009, to August 31, 2009.  All other terms and conditions contained in the Third Amended and Restated Discretionary Line of Credit Note dated October 1, 2007, and the confirmation letter, remain in full force and effect, including but not limited to the fact that the facility remains discretionary, and the Bank may terminate the line or decline to make advances at any time and for any reason without prior notice.


It has been a pleasure working with you and I look forward to a continued successful relationship.  Thank you again for your business.


Very truly yours,


PNC BANK, NATIONAL ASSOCIATION



By:             /s/ C.J. Richardson                       


Title:       Senior Vice President                       




2009 temporary extension conformed. doc


Form 6H – Multistate Rev. 1/02



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