UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Item 1.01 Entry into a Material Definitive Agreement.
On October 7, 2022, Haynes International, Inc. (the “Company”) entered into an Increase Joinder Regarding Incremental Revolving Commitments and Amendment No. 2 to Credit Agreement (the “Amendment”) which amended that certain Credit Agreement, dated October 19, 2020 (as amended, the “Credit Agreement”), by and among the Company, the Lenders (as defined in the Amendment), and JPMorgan Chase Bank, N.A., as administrative agent for the Lenders.
The Amendment increases the maximum revolving credit available under the Credit Agreement from $100,000,000 to $160,000,000.
The foregoing description of the Amendment does not purport to be a complete statement of the parties’ rights under the Amendment and is qualified in its entirety by reference to the full text of the Amendment, a copy of which is attached as Exhibit 10.1 to this Current Report on Form 8-K and incorporated by reference herein.
Item 9.01. Financial Statements and Exhibits
| (d) Exhibits | |
| 10.1 | Amendment No. 2 to Credit Agreement |
| 104.1 | Cover Page Interactive Data File (embedded within the XBRL document) |
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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.
| Haynes International, Inc. | ||
| Date: October 11, 2022 | By: | /s/ Daniel W. Maudlin |
| Daniel W. Maudlin | ||
| Vice President – Finance, CFO | ||
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