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

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
VISI.PK > SEC Filings for VISI.PK > Form 8-K on 1-Feb-2012All Recent SEC Filings

Show all filings for VOLT INFORMATION SCIENCES, INC. | Request a Trial to NEW EDGAR Online Pro

Form 8-K for VOLT INFORMATION SCIENCES, INC.


1-Feb-2012

Entry into a Material Definitive Agreement, Regulation FD Disclos


Item 1.01. Entry into a Material Definitive Agreement.

Volt Information Sciences, Inc. (the "Company") has entered into Amendment No. 8, dated as of January 27, 2012, to its Amended and Restated Receivables Purchase Agreement, dated as of June 3, 2008 (the "Purchase Agreement"), pursuant to which the requirement that the Company provide audited financial statements for its fiscal 2011, 2010 and 2009 years by February 7, 2012, has been extended to September 15, 2012. The Purchase Agreement provides Volt Funding Corp. with a $150 million accounts receivable securitization program, under which approximately $80 million has been drawn. No amendments were required to any of the Company's or any subsidiary's other credit facilities, including the Company's $42 million bank credit agreement.

The foregoing summary of Amendment No. 8 to the Purchase Agreement is qualified in its entirety by reference to the full text of the agreement, a copy of which is attached to this Current Report on Form 8-K as Exhibit 4.1(a), and is incorporated herein by reference.



Item 7.01. Regulation FD Disclosure.

On January 27, 2012, the Company issued a press release updating certain financial information. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.



Item 7.01 and Exhibit 99.1 herein are being furnished, and shall not be deemed
"filed," for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to liability under that section, nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01.           Financial Statements and Exhibits.



 (d) Exhibits:

     4.1(a)    Amendment No. 8, dated as of January 27, 2012, to the Amended and
               Restated Receivables Purchase Agreement, dated as of June 3, 2008.

      99.1      Press release dated January 27, 2012.


S I G N A T U R E S

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

VOLT INFORMATION SCIENCES, INC.

Date: January 31, 2012 By: /s/ James Whitney Mayhew James Whitney Mayhew, Interim Chief Financial Officer


  Add VISI.PK to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for VISI.PK - All Recent SEC Filings
Sign Up for a Free Trial to the NEW EDGAR Online Pro
Detailed SEC, Financial, Ownership and Offering Data on over 12,000 U.S. Public Companies.
Actionable and easy-to-use with searching, alerting, downloading and more.
Request a Trial      Sign Up Now


Copyright © 2012 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.