Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
JLL > SEC Filings for JLL > Form 8-K on 19-Dec-2008All Recent SEC Filings

Show all filings for JONES LANG LASALLE INC | Request a Trial to NEW EDGAR Online Pro

Form 8-K for JONES LANG LASALLE INC


19-Dec-2008

Entry into a Material Definitive Agreement, Financial Statements and Exhib


ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT SECOND AMENDMENT TO AMENDED AND RESTATED MULTICURRENCY CREDIT AGREEMENT AND FIRST AMENDMENT TO TERM LOAN AGREEMENT

On December 19, 2008, the Company, proactively executed each of (i) a second amendment (the "Multicurrency Agreement Amendment") to its Amended and Restated Multicurrency Credit Agreement and (ii) a first amendment (the "Term Loan Amendment") to its Term Loan Agreement, both among Jones Lang LaSalle Finance B.V., a subsidiary of the Company, the Company and certain of its other subsidiaries, as guarantors, the banks party thereto, and Bank of Montreal, as Administrative Agent and BMO Capital Markets and Bank of America NA as co-lead arrangers on the amendments. Both the Multicurrency Agreement Amendment and Term Loan Amendment, among other things, (i) increase the maximum allowable Leverage Ratio from 3.25X to 3.50X through September 2009; (ii) provide additions to Adjusted EBITDA for certain non- recurring charges; (iii) adjust certain other definitions in the agreements; and (iv) adjust the initial pricing to be LIBOR + 3.00 percent.

The maturity of both agreements remains June 2012.



ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(c) Exhibits

The following Exhibits are included with this Report:

99.1 Second Amendment dated as of December 19, 2008 to Amended and Restated Multicurrency Credit Agreement

99.2 First Amendment dated as of December 19, 2008 to Term Loan Agreement

  Add JLL to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for JLL - All Recent SEC Filings
Sign Up for a Free Trial to the NEW EDGAR Online Pro
Detailed SEC, Financial, Ownership and Offering Data on over 12,000 U.S. Public Companies.
Actionable and easy-to-use with searching, alerting, downloading and more.
Request a Trial      Sign Up Now


Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.