Item 1.01 Entry into a Material Definitive Agreement.
On March 24, 2009, Proliance International, Inc. (the "Company") entered into the Twenty-Third Amendment (the "Twenty-Third Amendment") of the Credit and Guaranty Agreement (as amended prior to March 24, 2009, the "Agreement") by and among the Company and certain domestic subsidiaries of the Company, as guarantors, the lenders party thereto from time to time (collectively, the "Lenders"), Silver Point Finance, LLC ("Silver Point"), as administrative agent for the Lenders, collateral agent and as lead arranger, and Wells Fargo Foothill, LLC ("Wells Fargo"), as a lender and borrowing base agent for the Lenders.
Pursuant to the Twenty-Third Amendment, and upon the terms and subject to the conditions thereof, the reduction of the Waiver Reserve from $7,500,000 to $2,500,000, contained in the Agreement, has been extended from March 24, 2009 to March 31, 2009.
The foregoing description of the Twenty-Third Amendment does not purport to be complete and is qualified in its entirety by reference to the Twenty-Third Amendment, a copy of which is filed as Exhibit 10.1 hereto, and incorporated herein by reference.
Item 2.02. Results of Operations and Financial Condition On March 24, 2009, Proliance International, Inc. issued the press release attached hereto as Exhibit 99.1 announcing results of operations and financial condition for the fourth quarter and twelve months ended December 31, 2008. Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

Item 1.01 of this Current Report on Form 8-K is hereby incorporated by
reference.

Item 9.01 Financial Statements and Exhibits.
(d) Exhibits. The following exhibits are attached to this Current Report on Form 8-K (furnished in the case of exhibit 99.1):

10.1 Twenty-Third Amendment to Credit Agreement dated March 24, 2009.

99.1 Press release dated March 24, 2009.

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