-----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, Q6v1ugg5kPZtTCTLKtKWzwqmUmIQlU9lvYNFOmS7uHHhzMptqL9sBVdD39LGfU9b S095zUM+tsd2Y9fwGEQWxQ== 0001104659-05-031718.txt : 20050708 0001104659-05-031718.hdr.sgml : 20050708 20050708145116 ACCESSION NUMBER: 0001104659-05-031718 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050701 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 FILED AS OF DATE: 20050708 DATE AS OF CHANGE: 20050708 FILER: COMPANY DATA: COMPANY CONFORMED NAME: REEBOK INTERNATIONAL LTD CENTRAL INDEX KEY: 0000770949 STANDARD INDUSTRIAL CLASSIFICATION: RUBBER & PLASTICS FOOTWEAR [3021] IRS NUMBER: 042678061 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09340 FILM NUMBER: 05945592 BUSINESS ADDRESS: STREET 1: 1895 J W FOSTER BLVD CITY: CANTON STATE: MA ZIP: 02021 BUSINESS PHONE: 7814015000 MAIL ADDRESS: STREET 1: 1895 J W FOSTER BLVD CITY: CANTON STATE: MA ZIP: 02021 8-K 1 a05-11983_18k.htm 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)         July 1, 2005

 

Reebok International Ltd.

(Exact name of registrant as specified in its charter)

 

MA

 

1-9340

 

04-2678061

(State or other jurisdiction
of incorporation)

 

(Commission
File Number)

 

(IRS Employer
Identification No.)

 

 

 

 

 

1895 J.W. Foster Boulevard
Canton, Massachusetts

 

02021

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code      (781) 401-5000

 

 

(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 1.01               Entry Into a Material Definitive Agreement

 

Item 2.03               Creation of a Direct Financial Obligation

 

On July 1, 2005, Reebok International Ltd. (the “Company”) entered into a Credit Agreement in the amount of $300 million with Reebok International Limited; Reebok Canada Inc.; Sport Maska Inc.; the Lenders named therein; Credit Suisse, as General Administrative Agent; Credit Suisse, Toronto Branch, as Canadian Administrative Agent; BNP Paribas, as Syndication Agent; and ABN Amro Bank N.V., Bank of America, N.A., and Wachovia Bank, National Association, as Co-Documentation Agents. (the “Agreement”).  The Agreement includes a letter of credit sub-facility in the amount of $200 million as well as a revolving credit facility, which is available to finance the short-term working capital needs of the Company if required.  As part of the Agreement, the Company is required to pay certain commitment fees on the unused portion of the revolving credit facility. The Agreement contains various covenants including the requirement to maintain a minimum interest coverage ratio and debt to adjusted earnings ratio.  Under the terms of the Agreement, there are various options under which interest is calculated.   The Agreement replaces the Credit Agreement dated as of June 3, 2002 among the Company, Reebok International Limited, Reebok Finance Limited, the Lenders named therein, Credit Suisse First Boston as Administrative Agent, Fleet National Bank as Syndication Agent, and ABN Amro Bank N.V., BNP Paribas, and Wachovia Bank, N.A. as Co-Documentation Agents.

 

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SIGNATURES

 

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.

 

 

Date: July 8, 2005

 

 

 

 

 

 

REEBOK INTERNATIONAL LTD.

 

 

 

 

 

By:

/s/ Kenneth Watchmaker

 

 

 

Kenneth I. Watchmaker

 

 

Executive Vice President and

 

 

Chief Financial Officer

 

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