ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
On May 20, 2009, Nordstrom, Inc. (the "Company") entered into an Underwriting
Agreement (the "Underwriting Agreement") with Banc of America Securities LLC and
J.P. Morgan Securities, Inc. as representatives of the several underwriters
therein (collectively, the "Underwriters") providing for the offer and sale by
the Company of $400,000,000 aggregate principal amount of 6.75% Notes due 2014
(the "Notes"). The offering of the Notes was registered under the Securities Act
of 1933, as amended (the "Securities Act"), pursuant to the Company's effective
Registration Statement on Form S-3 (Reg. No. 333-147664) and the Prospectus
included therein (the "Registration Statement"), filed by the Company with the
Securities and Exchange Commission (the "Commission") on November 28, 2007.
The Underwriting Agreement includes customary representations, warranties and
covenants by the Company. It also provides for customary indemnification by each
of the Company and the Underwriters against certain liabilities and customary
contribution provisions in respect of those liabilities.
The foregoing description of the material terms of the Underwriting Agreement
is qualified in its entirety by reference to the Underwriting Agreement which is
filed herewith as Exhibit 1.1 and is incorporated herein by reference. Certain
of the Underwriters and their related entities have engaged and may engage in
various financial advisory, commercial banking and investment banking
transactions with the Company in the ordinary course of their business, for
which they have received, or will receive, customary compensation and expense
reimbursement.
ITEM 8.01 OTHER EVENTS.
On May 26, 2009, the Company completed the sale of $400,000,000 aggregate
principal amount of Notes. The sale of the Notes was made pursuant to the
Company's Registration Statement on Form S-3 (Reg. No. 333-147664), and the
Prospectus Supplement relating thereto dated May 20, 2009 and filed with the
Commission pursuant to Rule 424(b)(5) promulgated under the Securities Act on
May 21, 2009.
The Notes were issued under an Indenture dated December 3, 2007 between the
Company and Wells Fargo Bank, National Association, as Trustee, in the form
attached to the Registration Statement as Exhibit 4.1 thereto. The form of Notes
is attached hereto as Exhibit 4.1 and it is incorporated herein by reference.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
Exhibits are filed herewith in connection with the Registration Statement on
Form S-3 (File No 333-147664) filed by Nordstrom, Inc. with the Securities and
Exchange Commission on November 28, 2007. This Current Report is being filed in
connection with the offer and sale of the Notes and to file with the Securities
and Exchange Commission the documents and instruments attached hereto as
exhibits.
(d) Exhibits
Exhibit
Number Description
1.1 Underwriting Agreement dated May 20, 2009, by and among the Company and
Banc of America Securities LLC and J.P. Morgan Securities, Inc., as
representatives of the several underwriters of the Notes.
4.1 Form of 6.75% Note due June 2014.
|