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): August 29, 2016

 

 

CALAVO GROWERS, INC.

(Exact Name of Registrant as Specified in Charter)

 

 

 

California

 

000-33385

 

33-0945304

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

1141-A Cummings Road, Santa Paula, California 93060

 

(Address of Principal Executive Offices) (Zip Code)

 

      

 

(Former Name or Former Address, if Changed Since Last Report)

Registrant’s telephone number, including area code: (805) 525-1245

 

 

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.

The discussion below in item 2.03 is hereby incorporated by reference into this Item 1.01.

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

Effective August 29, 2016, Calavo Growers, Inc. (“we” or “the Company”), Farm Credit West, PCA, and Bank of America, N.A., entered into an agreement, First Amendment to Credit Agreement dated as of June 14, 2016 (“Amendment”). This Amendment provides the Company with an additional interest rate option for our revolving loan obligations. The Amendment also adjusts certain defined terms of the original Credit Agreement to reflect this additional interest rate option.

Item 9.01. Financial Statements and Exhibits.

 

10.1    First Amendment to Credit Agreement dated August 29, 2016.

 

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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.

 

    Calavo Growers, Inc.
September 1, 2016     By:   /s/ Lecil E. Cole
    Lecil E. Cole
   

Chairman of the Board of Directors, and Chief Executive Officer

(Principal Executive Officer)

 

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