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AHC > SEC Filings for AHC > Form 8-K on 4-Dec-2009All Recent SEC Filings

Show all filings for A. H. BELO CORP | Request a Trial to NEW EDGAR Online Pro

Form 8-K for A. H. BELO CORP


4-Dec-2009

Entry into a Material Definitive Agreement, Financial Statements and Exhibits


Item 1.01. Entry into a Material Definitive Agreement.
On December 3, 2009, A. H. Belo Corporation entered into the Second Amendment to its Amended and Restated Credit Agreement dated as of January 30, 2009, as amended by that certain First Amendment to Amended and Restated Credit Agreement dated as of August 18, 2009 (the "Credit Agreement"),with JPMorgan Chase Bank, N.A. and Capital One, N.A. (the "Lenders"). Among other matters, the Second Amendment to the Credit Agreement extends the maturity date of the credit facility from April 30, 2011 to September 30, 2012, reduces the total commitment amount to $25 million, and releases a certain amount of real property securing the facility. The amended facility remains subject to a borrowing base. If borrowing capacity under the amended credit facility becomes less than $17.5 million, then a fixed charge coverage ratio covenant of 1:1 will apply. The Second Amendment also makes certain minor administrative amendments to the Amended and Restated Pledge and Security Agreement dated as of January 30, 2009 (the "Security Agreement").
The Credit Agreement and Security Agreement as initially adopted are Exhibits 10.1 and 10.2, respectively, to the Company's Current Report on Form 8-K filed February 2, 2009, and the First Amendment to the Credit Agreement dated August 18, 2009 is Exhibit 10.1(5) to the Company's Form 10-Q filed November 13, 2009. The full text of the Second Amendment to Amended and Restated Credit Agreement is filed as Exhibit 10.1 hereto and is incorporated herein by reference. A copy of the press release announcing the entry into this Credit Facility amendment is posted on the Company's Web site (www.ahbelo.com) in the Investor Relations section, and a copy of the press release is furnished with this report as Exhibit 99.1.




Item 9.01 Financial Statements and Exhibits
(d) Exhibits.

10.1      Second Amendment to Amended and Restated Credit Agreement dated as of
          December 3, 2009

99.1      Press Release dated December 4, 2009


Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Date: December 4, 2009 A. H. BELO CORPORATION

By: /s/ Alison K. Engel Alison K. Engel Senior Vice President/Chief Financial Officer and Treasurer


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