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): November 30, 2015
Advanced Drainage Systems, Inc.
(Exact name of registrant as specified in its charter)
Delaware | 001-36557 | 51-0105665 | ||
(State or other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
4640 Trueman Boulevard, Hilliard, Ohio 43026 |
43026 | |
(Address of Principal Executive Offices) | (Zip Code) |
Registrants telephone number, including area code: (614) 658-0050
(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:
¨ | 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 November 30, 2015, Advanced Drainage Systems, Inc. (the Company) entered into a Third Amendment to Second Amended and Restated Credit Agreement, with ADS Mexicana, S.A. de C.V. (ADS Mexicana), certain wholly-owned subsidiaries of the Company, certain lenders party thereto, and PNC Bank, National Association, as administrative agent (the Amendment).
The Company and the lenders referenced above agreed to enter into the Amendment to permit Grupo Industrial Deplayusa S.A. de C.V (Deplayusa) to merge into ADS Mexicana, which currently owns 99.99% of the outstanding equity of Deplayusa.
The foregoing description does not constitute a complete summary of the terms and conditions of the Amendment and is qualified in its entirety by reference to the full text of the Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.
Item 9.01 | Financial Statements and Exhibits. |
(d) | Exhibits. |
10.1 | Third Amendment to Second Amended and Restated Credit Agreement, dated as of November 30, 2015. |
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.
ADVANCED DRAINAGE SYSTEMS, INC. | ||||||
Date: December 4, 2015 | By: | /s/ Mark B. Sturgeon | ||||
Name: | Mark B. Sturgeon | |||||
Title: | EVP |