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Quotes & Info
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| TWI > SEC Filings for TWI > Form 8-K on 2-Feb-2009 | All Recent SEC Filings |
2-Feb-2009
Entry into a Material Definitive Agreement, Financial Statements and Exhi
On January 30, 2009, Titan International, Inc. amended and restated its revolving credit facility (credit facility) with Bank of America, N.A. The amendment included a multi-year extension that extended the credit facility termination date to January 2012 from the previous October 2009 date. The amendment created an accordion feature within the credit facility that set the initial loan availability at $150 million with the ability to request increases up to a maximum availability of $250 million. The amendment adjusted the borrowing rates within a pricing grid that includes a minimum 1½% LIBOR rate.
(c) Exhibits
10 Amended and Restated Credit Agreement dated as of January 30, 2009, among Titan International, Inc. and Bank of America, N.A.
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