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TXT > SEC Filings for TXT > Form 8-K on 21-Jul-2009All Recent SEC Filings

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Form 8-K for TEXTRON INC


21-Jul-2009

Entry into a Material Definitive Agreement, Financial Statements and Exhibits


Item 1.01. Entry into a Material Definitive Agreement

On July 15, 2009, Textron Financial Corporation's ("Textron Financial") affiliate, Textron Financial Floorplan Master Note Trust (the "Trust"), entered into an amendment to the Series 2008-CP-1 Supplement (the "Series 2008-CP-1 Amendment") to the Amended and Restated Indenture, by and among the Trust, The Bank of New York Mellon, as indenture trustee, and Textron Financial, as servicer, to make certain amendments in respect of the interest rate, to increase the required subordination percentage and extend the final maturity of the Series 2008-CP-1 Variable Funding Notes (the "Notes") previously issued by the Trust. In connection therewith, the Trust decreased the maximum amount of the Class A Notes to $450,000,000. Textron Financial is a wholly-owned subsidiary of Textron Inc.

The summary of the Series 2008-CP-1 Amendment set forth in this Item 1.01 is qualified in its entirety by reference to the text of the Series 2008-CP-1 Amendment which is filed as Exhibit 4.1 and is incorporated by reference herein.



Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit     Description
Number
4.1         Amendment No. 3, dated as of July 15,
            2009, to Series 2008-CP-1 Supplement,
            dated as of March 20, 2008, to the Amended
            and Restated Indenture, dated as of May
            26, 2005, by and among Textron Financial
            Floorplan Master Note Trust, The Bank of
            New York Mellon, as indenture trustee, and
            Textron Financial, as servicer.
            Incorporated by reference to Exhibit 4.1
            of Textron Financial Corporation's Current
            Report on Form 8-K filed on July 20, 2009.


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