WWW.EXFILE.COM, INC. -- 14805 -- HARSCO CORP. -- 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 (Date of earliest event reported) December
22, 2006
____________________
Harsco
Corporation
(Exact
name of registrant as specified in its charter)
|
DE
|
1-3970
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23-1483991
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|
(State
or other jurisdiction
|
(Commission
File Number)
|
(I.R.S.
Employer Identification No.)
|
|
of
incorporation)
|
|
|
|
350
Poplar Church Road, Camp Hill, PA
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17011
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|
(Address
of principal executive offices)
|
(Zip
Code)
|
Registrant’s
telephone number, including area code 717-763-7064
(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 (see General Instruction A.2. below):
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))
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Item
2.03
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Creation
of a Direct Financial Obligation or an Obligation under an Off-Balance
Sheet Arrangement of a
Registrant.
|
Amendment
to Credit Facility
On
December 22, 2006, an agreement between Harsco Corporation and National
Westminster Bank plc (the “Lender”) (the “Amending Agreement”) became effective
extending the term of its December 15, 2000 $50,000,000 Facility Agreement,
as
amended.
As
a
result of the Amending Agreement, (i) the final maturity date for a revolving
loan not converted into a term loan has been extended until December 11,
2007
(with such date subject to further extension); (ii) the final maturity date
for
each term loan converted from a revolving loan has been changed to December
11,
2008; and (iii) the final maturity date for any further term loan requested
has
been changed to December 11, 2008.
After
giving effect to the Amending Agreement, the Facility Agreement continues
to
contain usual and customary affirmative and negative covenants and customary
events of default that would permit the lenders to accelerate the loans if
not
cured within applicable grace periods, including the failure to make timely
payments under the Facility Agreement, the failure to satisfy covenants and
specified events of bankruptcy and insolvency.
The
foregoing description of the Amending Agreement and certain provisions of
the
Facility Agreement do not purport to be complete and are qualified in their
entirety by reference to the full text of the Amending Agreement, which is
attached hereto as Exhibit 10.1, the full text of the Facility Agreement
previously filed with the Commission and by reference to the description
of our
debt and credit agreements contained in the Company’s Form 10-K for the year
ended December 31, 2005 and Form 10-Q for the period ended September 30,
2006.
From time to time, the Lender provides customary commercial and investment
banking services to the Company.
| Item
9.01. |
Financial
Statements and Exhibits
|
(d) Exhibits.
Exhibit
10.1. Amendment to
the Credit Agreement
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.
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HARSCO
CORPORATION
(Registrant)
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| DATE December
22, 2006 |
By: |
/s/ Salvatore
D. Fazzolari |
| |
Salvatore
D.
Fazzolari |
| |
President,
Chief Financial Officer and Treasurer
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Exhibit
Index
Exhibit
10.1. Amendment
to the Credit Agreement