-----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, IhkXJ2WXCUxrOdZUXnh8bWy6PDy7D22T8JMWuzgVuc6vEBtY9avT2AgqBLaJppLY 4jLbkUyVfZffRV8Kab6CkA== 0000743872-97-000010.txt : 19970620 0000743872-97-000010.hdr.sgml : 19970620 ACCESSION NUMBER: 0000743872-97-000010 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19970618 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19970619 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: HOMESTAKE MINING CO /DE/ CENTRAL INDEX KEY: 0000743872 STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040] IRS NUMBER: 942934609 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08736 FILM NUMBER: 97626035 BUSINESS ADDRESS: STREET 1: 650 CALIFORNIA ST-9TH FL STREET 2: 9TH FL CITY: SAN FRANCISCO STATE: CA ZIP: 94108-2788 BUSINESS PHONE: 4159818150 8-K 1 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): June 18, 1997 (April 3, 1997) HOMESTAKE MINING COMPANY (Exact name of Registrant as specified in its charter) Delaware 1-8736 94-2934609 (State or other (Commission (I.R.S. Employer jurisdiction of File Number) Identification Number) incorporation) 650 California Street, San Francisco, California 94108-2788 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (415) 981-8150 http://www.homestake.com Item 5. Other Events. This Form 8-K is submitted to file the document listed below in Item 7. Item 7. Financial Statements and Exhibits. (c) Exhibits. Exhibit 10.1 First Amendment and Waiver to Credit Agreement dated as of April 3, 1997 among the Registrant, the Lenders, Canadian Imperial Bank of Commerce, as Documentation Agent, The Chase Manhattan Bank of Canada as Canadian Administrative Agent, Chase Securities Australia Limited, as Australian Administrative Agent, Chase Securities Inc., as Arranger, and The Chase Manhattan Bank, as Administrative Agent. 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 thereunto duly authorized. Dated: June 18, 1997 HOMESTAKE MINING COMPANY (Registrant) By: /s/ David W. Peat ------------------ David W. Peat Vice President and Controller EX-10.1 2 EXHIBIT 10.1 HOMESTAKE MINING COMPANY FIRST AMENDMENT AND WAIVER TO CREDIT AGREEMENT This FIRST AMENDMENT AND WAIVER TO CREDIT AGREEMENT (this "Amendment") is dated as of April 3, 1997 and entered into by and among HOMESTAKE MINING COMPANY, a Delaware corporation ("Company"), HOMESTAKE MINING COMPANY, a California corporation ("U.S. Borrower"), HOMESTAKE CANADA INC., an Ontario corporation ("Canadian Borrower"), HOMESTAKE GOLD OF AUSTRALIA LIMITED, a South Australian corporation ("Australian Borrower"), the financial institutions listed on the signature pages hereof ("Lenders"), CANADIAN IMPERIAL BANK OF COMMERCE ("Documentation Agent"), THE CHASE MANHATTAN BANK OF CANADA ("Canadian Administrative Agent"), CHASE SECURITIES AUSTRALIA LIMITED ("Australian Administrative Agent"), CHASE SECURITIES INC. ("Arranger"), and THE CHASE MANHATTAN BANK ("Administrative Agent"), and is made with reference to that certain Credit Agreement dated as of September 20, 1996 (the "Credit Agreement"), by and among Guarantor, U.S. Borrower, Canadian Borrower, Australian Borrower, Lenders, Documentation Agent, Canadian Administrative Agent, Australian Administrative Agent, Arranger and Administrative Agent. Capitalized terms used herein without definition shall have the same meanings herein as set forth in the Credit Agreement. RECITALS WHEREAS, Company and Lenders desire to amend the Credit Agreement to modify the restriction on certain Contingent Obligations contained in subsection 6.4(vi) of the Credit Agreement as set forth below and to waive any Events of Default arising prior to the date hereof as a result of such restriction: NOW, THEREFORE, in consideration of the premises and the agreements, provisions and covenants herein contained, the parties hereto agree as follows: Section 1. AMENDMENT TO THE CREDIT AGREEMENT 1.1 Amendment to Subsection 6.4(vi): Provisions Relating to Contingent Obligations. Subsection 6.4(vi) of the Credit Agreement is hereby amended by deleting the phrase at the end thereof reading "provided that the notional amount of the aggregate contingent liability of Company and its Subsidiaries under all such futures, options, contracts agreements and arrangements does not at any time exceed $600,000,000; and" and substituting in lieu thereof the following phrase: "and in the ordinary course of the Company's and its Subsidiaries' business; and" 1 Section 2. WAIVER TO THE CREDIT AGREEMENT 2.1 Waiver to Subsection 6.4(vi): Provisions Relating to Contingent Obligations. Requisite Lenders hereby waive any Event of Default or Potential Event of Default arising under subsection 6.4(vi) of the Credit Agreement prior to the Effective Date (as defined below) to the extent caused by Company and its Subsidiaries exceeding the $600,000,000 limitation contained therein so long as Company and its Subsidiaries shall be in compliance with such subsection after giving effect to the provisions of Section 1 of this Amendment. Section 3. CONDITIONS TO EFFECTIVENESS Sections 1 and 2 of this Amendment shall become effective only upon the satisfaction of all of the following conditions precedent (the date of satisfaction of such conditions being referred to herein as the "Effective Date"): A. On or before the Effective Date, Company shall deliver to Administrative Agent (with sufficient originally executed copies for each) Lender and copies of this Amendment, executed by Company and each Borrower. B. On or before the Effective Date, all corporate and other proceedings taken or to be taken in connection with the transactions contemplated hereby and all documents incidental thereto not previously found acceptable by Administrative Agent, acting on behalf of Lenders, and its counsel shall be satisfactory in form and substance to Administrative Agent and such counsel, and Administrative Agent and such counsel shall have received all such counterpart originals or certified copies of such documents as Administrative Agent may reasonably request. Section 4. REPRESENTATIONS AND WARRANTIES In order to induce Lenders to enter into this Amendment and to amend the Credit Agreement in the manner provided herein, Company and each Borrower represents and warrants to each Lender that the following statements are true, correct and complete: A. Corporate Power and Authority. Company and each Borrower has all requisite corporate power and authority to enter into this Amendment and to carry out the transactions contemplated by, and perform its obligations under, the Credit Agreement as amended by this Amendment (the "Amended Agreement"). B. Authorization of Agreements. The execution and delivery of this Amendment and the performance of the Amended Agreement have been duly authorized by all necessary corporate action on the part of Company and each Borrower. 2 C. No Conflict. The execution and delivery by Company and each Borrower of this Amendment and the performance by Company and each Borrower of the Amended Agreement do not and will not (i) violate any provision of any law or any governmental rule or regulation applicable to Company or any of its Subsidiaries, the Certificate or Articles of Incorporation or Bylaws or other charter documents of Company or any of its Subsidiaries or any order, judgment or decree of any court or other agency of government binding on Company or any of its Subsidiaries, (ii) conflict with, result in a material breach of or constitute (with due notice or lapse of time or both) a material default under any Contractual Obligation of Company or any of its Subsidiaries, (iii) result in or require the creation or imposition of any Lien upon any of the properties or assets of Company or any of its Subsidiaries (other than Liens created under any of the Loan Documents in favor of Administrative Agent on behalf of Lenders), or (iv) require any approval of stockholders or any approval or consent of any Person under any Contractual Obligation of Company or any of its Subsidiaries. D. Binding Obligation. This Amendment and the Amended Agreement have been duly executed and delivered by Company and are the legally valid and binding obligations of Company, enforceable against Company in accordance with their respective terms, except as may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws relating to or limiting creditors' rights generally or by equitable principles relating to enforceability. E. Incorporation of Representations and Warranties From Credit Agreement. The representations and warranties contained in Section 4 of the Credit Agreement are and will be true, correct and complete in all material respects on and as of the Effective Date to the same extent as though made on and as of that date, except to the extent such representations and warranties specifically relate to an earlier date, in which case they were true, correct and complete in all material respects on and as of such earlier date. F. Absence of Default. Except for any Event of Default and Potential Event of Default waived pursuant to Section 2 of this Amendment, no event has occurred and is continuing or will result from the consummation of the transactions contemplated by this Amendment that would constitute an Event of Default or a Potential Event of Default. 3 Section 5. MISCELLANEOUS A. Reference to and Effect on the Credit Agreement and the Other Loan Documents. (i) On and after the Effective Date, each reference in the Credit Agreement to "this Agreement", "hereunder", "hereof", "herein" or words of like import referring to the Credit Agreement, and each reference in the other Loan Documents to the "Credit Agreement", "thereunder", "thereof" or words of like import referring to the Credit Agreement shall mean and be a reference to the Credit Agreement as amended by this Amendment. (ii) Except as specifically amended by this Amendment, the Credit Agreement and the other Loan Documents shall remain in full force and effect and are hereby ratified and confirmed. (iii) The execution, delivery and performance of this Amendment shall not, except as expressly provided herein, constitute a waiver of any provision of, or operate as a waiver of any right, power or remedy of Administrative Agent or any Lender under, the Credit Agreement or any of the other Loan Documents. B. Fees and Expenses. Company acknowledges that all costs, fees and expenses as described in Section 10.2 of the Credit Agreement incurred by Administrative Agent and its counsel with respect to this Amendment and the documents and transactions contemplated hereby shall be for the account of Company. C. Headings. Section and subsection headings in this Amendment are included herein for convenience of reference only and shall not constitute a part of this Amendment for any other purpose or be given any substantive effect. D. Applicable Law. THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE INTERNAL LAWS OF THE STATE OF NEW YORK. E. Counterparts; Effectiveness. This Amendment may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed and delivered shall be deemed an original, but all such counterparts together shall constitute but one and the same instrument; signature pages may be detached from multiple separate counterparts and attached to a single counterpart so that all signature pages are physically attached to the same document. This Amendment shall become effective upon the execution of a counterpart hereof by Company, each Borrower and Requisite Lenders and receipt by Company and Administrative Agent of written or telephonic 4 notification of such execution and authorization of delivery thereof and compliance with the provisions of Section 3 to this Amendment. [Remainder of page intentionally left blank] 5 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed and delivered by their respective officers thereunto duly authorized as of the date first written above. Company: HOMESTAKE MINING COMPANY By:__________________________ Title:_______________________ U.S. Borrower: HOMESTAKE MINING COMPANY OF CALIFORNIA By:__________________________ Title:_______________________ Canadian Borrower: HOMESTAKE CANADA INC. By:__________________________ Title:_______________________ Australian Borrower: HOMESTAKE GOLD OF AUSTRALIA LIMITED By:__________________________ Title:_______________________ S-1 LENDERS: THE CHASE MANHATTAN BANK, individually, as a U.S. Lender, as an Issuing Lender, and as Administrative Agent By:__________________________ Title:_______________________ THE CHASE MANHATTAN BANK, individually, as a Canadian Lender, as an Issuing Lender, and as Canadian Administrative Agent By:___________________________ Title:________________________ THE CHASE MANHATTAN BANK, as an Australian Lender By:___________________________ Title:________________________ CANADIAN IMPERIAL BANK OF COMMERCE, individually, as a U.S. Lender, and as Documentation Agent By:___________________________ Title:________________________ S-2 CANADIAN IMPERIAL BANK OF COMMERCE, as a Canadian Lender By:____________________________ Title:_________________________ CIBC AUSTRALIA LIMITED, as an Australian Lender By:____________________________ Title:_________________________ BANK OF MONTREAL, as a U.S. Lender By:____________________________ Title:_________________________ BANK OF MONTREAL, as a Canadian Lender By:____________________________ Title:_________________________ THE CHASE MANHATTAN BANK, as an Australian Lender (as fronting bank for Bank of Montreal) By:____________________________ Title:_________________________ S-3 THE BANK OF NOVA SCOTIA, as a U.S. Lender By:____________________________ Title:_________________________ THE BANK OF NOVA SCOTIA, as a Canadian Lender By:____________________________ Title:_________________________ THE BANK OF NOVA SCOTIA, as an Australian Lender with respect to Letters of Credit and Gold Loans By:____________________________ Title:_________________________ THE CHASE MANHATTAN BANK, as an Australian Lender (as fronting bank for The Bank of Nova Scotia) with respect to Bank Bill Swap Rate Loans and Eurodollar Rate Loans By:____________________________ Title:_________________________ CITICORP USA, INC., as a U.S. Lender By:____________________________ Title:_________________________ S-4 CITIBANK CANADA, as a Canadian Lender By:____________________________ Title:_________________________ CITIBANK LIMITED, as an Australian Lender By:____________________________ Title:_________________________ CREDIT LYONNAIS, LOS ANGELES BRANCH, as a U.S. Lender By:____________________________ Title:_________________________ CREDIT LYONNAIS CANADA, as a Canadian Lender By:____________________________ Title:_________________________ CREDIT LYONNAIS AUSTRALIA LIMITED, as an Australian Lender By:____________________________ Title:_________________________ S-5 MELLON BANK, N.A. as a U.S. Lender By:____________________________ Title:_________________________ MELLON BANK CANADA, as a Canadian Lender By:____________________________ Title:_________________________ THE CHASE MANHATTAN BANK, as an Australian Lender (as fronting bank for Mellon Bank, N.A.) By:___________________________ Title:________________________ MORGAN GUARANTY TRUST COMPANY OF NEW YORK, as a U.S. Lender By:___________________________ Title:________________________ S-6 J.P. MORGAN CANADA, as a Canadian Lender By:___________________________ Title:________________________ J.P. MORGAN AUSTRALIA LIMITED, as an Australia Lender By:___________________________ Title:________________________ N M ROTHSCHILD & SONS LIMITED, as a U.S. Lender By:___________________________ Title:________________________ N M ROTHSCHILD & SONS LIMITED, as a Canadian Lender By:___________________________ Title:________________________ S-7 N M ROTHSCHILD & SONS LIMITED, as an Australian Lender By:___________________________ Title:________________________ TORONTO DOMINION (TEXAS) as a U.S. Lender By:___________________________ Title:________________________ THE TORONTO DOMINION BANK, as a Canadian Lender By:___________________________ Title:________________________ TORONTO DOMINION AUSTRALIA LIMITED ACN 004 858 020, as an Australian Lender By:___________________________ Title:________________________ S-8 AUSTRALIAN ADMINISTRATIVE AGENT: CHASE SECURITIES AUSTRALIA LIMITED, as Australian Administrative Agent By:___________________________ Title:________________________ ARRANGER: CHASE SECURITIES INC., as Arranger By:___________________________ Title:________________________ S-9 -----END PRIVACY-ENHANCED MESSAGE-----