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| DDR > SEC Filings for DDR > Form 8-K on 18-Jan-2013 | All Recent SEC Filings |
18-Jan-2013
Entry into a Material Definitive Agreement, Financial Statements and Exhibits
Amendment No. 2 to Eighth Amended and Restated Credit Agreement
On January 17, 2013, DDR Corp. (the "Company") entered into Amendment No. 2 to Eighth Amended and Restated Credit Agreement (the "Revolving Amendment"), among the Company, DDR PR Ventures LLC, S.E., a Delaware limited liability company ("DDR PR"), JPMorgan Chase Bank, N.A., as Administrative Agent, and the several banks, financial institutions and other entities from time to time parties thereto, which Revolving Amendment amends the Company's senior unsecured revolving credit facility by, among other things: (i) modifying certain covenants contained in the loan agreement; (ii) extending the maturity date to April 3, 2017; and (iii) reducing the overall interest rate for borrowings under the revolving credit facility. A copy of the Revolving Amendment is attached as Exhibit 4.1 and is incorporated by reference herein. The foregoing description of the Revolving Amendment is qualified in its entirety by reference to Exhibit 4.1.
First Amendment to Second Amended and Restated Secured Term Loan Agreement
On January 17, 2013, the Company entered into a First Amendment to Second
Amended and Restated Secured Term Loan Agreement (the "Term Loan Amendment"),
among the Company, DDR PR, KeyBank National Association, as Administrative
Agent, and the other several banks, financial institutions and other entities
from time to time parties to such loan agreement, which Term Loan Amendment
amends the Company's secured term loan facility by, among other things:
(i) reducing the total commitment amount from $500,000,000 to $400,000,000;
(ii) modifying certain covenants contained in the loan agreement;
(iii) extending the maturity date to April 3, 2017; and (iv) reducing the
overall interest rate for borrowings under the term loan facility. A copy of the
Term Loan Amendment is attached as Exhibit 4.2 and is incorporated by reference
herein. The foregoing description of the Term Loan Amendment is qualified in its
entirety by reference to Exhibit 4.2.
(d) Exhibits
Exhibit Description
4.1 Amendment No. 2 to Eighth Amended and Restated Credit Agreement, dated
as of January 17, 2013, by and among DDR Corp., DDR PR Ventures LLC,
S.E, the lenders party thereto, and JPMorgan Chase Bank, N.A., as
Administrative Agent.
4.2 First Amendment to Second Amended and Restated Secured Term Loan
Agreement, dated as of January 17, 2013, by and among DDR Corp., DDR
PR Ventures LLC, S.E, KeyBank National Association, as Administrative
Agent, and the other several banks, financial institutions and other
entities from time to time parties to such loan agreement.
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