Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
DNB > SEC Filings for DNB > Form 8-K on 27-Oct-2011All Recent SEC Filings

Show all filings for DUN & BRADSTREET CORP/NW

Form 8-K for DUN & BRADSTREET CORP/NW


27-Oct-2011

Entry into a Material Definitive Agreement, Results of Operations and Fi


Item 1.01. Entry into a Material Definitive Agreement.

On October 25, 2011, The Dun & Bradstreet Corporation (the "Company") entered into a new five-year revolving credit facility with JPMorgan Chase Bank, N.A., as Administrative Agent, The Bank of Tokyo-Mitsubishi UFJ, Ltd. and Barclays Capital, as Syndication Agents, HSBC Bank USA, N.A. and RBS Citizens, N.A., as Documentation Agents, and the banks that are lenders under the facility. Concurrently, the Company terminated its existing five-year revolving credit facility with JPMorgan Chase Bank, N.A., as Administrative Agent, Bank of Tokyo-Mitsubishi UFJ Trust Company and Citibank, N.A., as Syndication Agents, The Bank of New York and Suntrust Bank, as Documentation Agents and the banks that are lenders under the facility, effective immediately. The Company has $800 million of aggregate availability under the new facility, while its aggregate availability under the terminated facility was $650 million. Borrowings under the new facility will be available at prevailing short-term interest rates. The new facility expires in October 2016 and requires the maintenance of interest coverage and total debt to EBITDA ratios similar to those required under the prior facility. On October 25, 2011 the Company borrowed $189 million under its new five-year credit facility and utilized such proceeds, together with cash on hand, to pay down the amounts then outstanding under its prior five-year facility immediately prior to termination. Certain of the banks that are lenders under the new facility were also lenders under the Company's prior facility.



Item 2.02. Results of Operations and Financial Condition.

On October 27, 2011, the Company issued a press release announcing its financial results for the third quarter period ended September 30, 2011. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated in this Item 2.02 by reference.



Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The discussion under Item 1.01 is incorporated herein by reference.



Item 7.01. Regulation FD Disclosure.

On October 27, 2011, we issued a press release reaffirming our 2011 full-year financial guidance. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated in this Item 7.01 by reference.



Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

       Exhibit      Description

        4.1         Five-Year Credit Agreement, dated October 25, 2011, among The Dun &
                    Bradstreet Corporation, JPMorgan Chase Bank, N.A., as
                    Administrative Agent, The Bank of Tokyo-Mitsubishi UFJ, Ltd. and
                    Barclays Capital, as Syndication Agents, HSBC Bank USA, N.A. and
                    RBS Citizens, N.A., as Documentation Agents, and the Lenders
                    thereto.

       99.1         Press Release of The Dun & Bradstreet Corporation, dated
                    October 27, 2011 (furnished pursuant to Item 2.02 and Item 7.01).

-1-


Table of Contents

  Add DNB to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for DNB - All Recent SEC Filings
Copyright © 2014 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.