form8k031709.htm
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 Act of 1934
Date of
Report (Date of earliest event reported): March 18, 2009
LSI INDUSTRIES INC.
(Exact
name of Registrant as specified in its Charter)
Ohio
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0-13375
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31-0888951
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(State
or Other Jurisdiction of Incorporation)
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(Commission
File Number)
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(IRS
Employer Identification No. )
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10000
Alliance Road, Cincinnati, Ohio
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45242
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(Address
of Principal Executive Offices) |
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(Zip
Code)
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Registrant’s
telephone number, including area
code (513)
793-3200
(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):
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o
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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o
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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o
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
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o
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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Item 1.01. – Entry into a
Material Definitive Agreement.
On March 18, 2009, the Registrant
entered into an Amendment to Credit Agreement with PNC Bank, National
Association and The Fifth Third Bank (the “Amendment”) which renews the
obligations of the parties to the Credit Agreement. Under the Amendment, a
364-Day facility in the amount of $10,000,000 is extended and certain fees and
interest rates are adjusted on terms described in the exhibit identified below,
filed herewith and incorporated by reference herein. The Amendment does not
change any of the terms of the Registrant’s $30,000,000 line of credit which
remains in place for a two year term.
Item 2.03. - Creation of a
Direct Financial Obligation or an Obligation under an Off-Balance Sheet
Arrangement.
The
information set forth in Item 1.01 above is incorporated by reference herein as
if fully set forth herein.
Item 9.01 – Financial
Statements and Exhibits.
(d) Exhibits.
10.1 Amendment
to Credit Agreement dated March 18, 2009 among the Registrant, PNC Bank,
National Association, in its capacity as syndication agent and administrative
agent, PNC Bank, National Association, in its capacity as lender and The Fifth
Third Bank.
10.2 Amended
and Restated 364 Day Notes executed by Registrant in favor of PNC Bank, National
Association and Fifth Third Bank dated March 18, 2009.
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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LSI
INDUSTRIES INC.
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March
18, 2009
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/s/Ronald
S. Stowell |
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Ronald
S. Stowell |
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Vice
President, Chief Financial Officer
and Treasurer
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(Principal
Accounting Officer) |
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