0000089024-11-000432.txt : 20110718
0000089024-11-000432.hdr.sgml : 20110718
20110718160434
ACCESSION NUMBER: 0000089024-11-000432
CONFORMED SUBMISSION TYPE: 8-K
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110713
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: 20110718
DATE AS OF CHANGE: 20110718
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: AXA FINANCIAL INC
CENTRAL INDEX KEY: 0000888002
STANDARD INDUSTRIAL CLASSIFICATION: LIFE INSURANCE [6311]
IRS NUMBER: 133623351
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 8-K
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11166
FILM NUMBER: 11972747
BUSINESS ADDRESS:
STREET 1: 1290 AVENUE OF THE AMERICAS
CITY: NEW YORK
STATE: NY
ZIP: 10104
BUSINESS PHONE: 2125541234
MAIL ADDRESS:
STREET 1: 1290 AVENUE OF THE AMERICAS
CITY: NEW YORK
STATE: NY
ZIP: 10104
FORMER COMPANY:
FORMER CONFORMED NAME: EQUITABLE COMPANIES INC
DATE OF NAME CHANGE: 19950721
8-K
1
e14270.txt
CURRENT REPORT
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 13, 2011
AXA FINANCIAL, INC.
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(Exact name of Registrant as specified in its charter)
Delaware 1-11166 13-3623351
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(State or other jurisdiction of (Commission File Number) (I.R.S. Employer
incorporation or organization) Identification No.)
1290 Avenue of the Americas
New York, New York 10104
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(Address of principal executive offices) (Zip Code)
(212) 554-1234
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(Registrant's telephone number, including area code)
None
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(Former name or 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 (see General Instruction A.2. below):
/ / 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 240.13e-4(c))
Item 1.01 Entry into a Material Definitive Agreement.
On July 13, 2011, AXA Financial, Inc. ("AXA Financial"), AXA Financial's parent,
AXA, and AXA Financial (Bermuda) Ltd. ("AXA Financial Bermuda"), a wholly owned
subsidiary of AXA Financial entered into a multi-currency revolving credit
facility (the "Credit Agreement") with certain major lending institutions.
The Credit Agreement provides for an unsecured revolving credit facility in the
amount of (Euro)4,000,000,000 (or its equivalent in Optional Currencies). The
maximum amount which may be drawn or utilized by AXA Financial and AXA Financial
Bermuda in respect of Loans and Letters of Credit is U.S.$1,000,000,000 in
aggregate and with respect to Swingline Loans U.S.$500,000,000 in aggregate for
AXA and AXA Financial. AXA Financial and AXA Financial Bermuda may only draw
Loans denominated in U.S. Dollars. The obligations of AXA Financial and AXA
Financial Bermuda are guaranteed by AXA. Loans drawn under the Credit Agreement
may be borrowed for general corporate purposes until its Termination Date, the
fifth anniversary of the closing date of the Credit Agreement, unless extended
pursuant to its terms. The rate of interest on each Loan for each Interest
Period is the percentage rate per annum, which is equal to the aggregate of the
applicable Margin, LIBOR or, in relation to any Loan in euro, EURIBOR; and
Mandatory Cost, if any (each as defined in the Credit Agreement). The rate of
interest on each Swingline Loan for any day during its Interest Period is the
higher of: (a) the prime commercial lending rate in U.S. dollars announced by
the Swingline Agent at the Specified Time and in force on that day; and (b) zero
point five zero per cent (0.50%) per annum over the rate per annum determined by
the Swingline Agent to be the Federal Funds Rate for that day.
The Credit Agreement contains customary representations and warranties,
covenants and conditions precedent to borrowing. The Credit Agreement also
contains customary events of default. Upon the occurrence of an event of
default, all outstanding borrowings under the Credit Agreement may be
accelerated and become immediately due and payable.
Certain of the lenders under the Credit Agreement and their affiliates have
performed and/or may in the future perform various commercial banking,
investment banking and other financial advisory services for the Registrant, AXA
and its affiliates for which they have received and/or will receive customary
fees and expenses. In addition, the Registrant and some of its subsidiaries have
entered into derivative arrangements with certain of the lenders and their
affiliates.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an
Off-Balance Sheet Arrangement of a Registrant.
The information related to the Credit Agreement discussed under Item 1.01 above
is hereby incorporated by reference under this Item 2.03.
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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.
AXA FINANCIAL, INC.
Date: July 18, 2011 By: /s/ Dave S. Hattem
--------------------------------
Name: Dave S. Hattem
Title: Senior Vice President and
Deputy General Counsel
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