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| FLT > SEC Filings for FLT > Form 8-K on 5-Feb-2013 | All Recent SEC Filings |
5-Feb-2013
Entry into a Material Definitive Agreement, Creation of a Direct Financ
Extension of Securitization Facility
On February 4, 2013, certain subsidiaries of FleetCor Technologies, Inc. (the "Company") entered into an eighth amendment (the "Amendment") to its fourth amended and restated receivables purchase agreement among FleetCor Funding LLC, as seller, FleetCor Technologies Operating Company, LLC, as servicer, PNC Bank, National Association, as administrator, and the various purchaser agents, conduit purchasers and related committed purchasers parties thereto, which was amended and restated for the fourth time as of October 29, 2007 (the "Securitization Facility"). The Amendment extends the facility termination date until February 3, 2014. The current purchase limit under the Securitization Facility remains $500 million. As a result of the Amendment, the purchasers under the Securitization Facility are contractually committed to purchase up to $500 million of receivables on a revolving basis through February 3, 2014.
Except for the Securitization Facility and the Amendment, the Company and its affiliates do not have any material relationship with the parties to such agreements, except for PNC Bank, National Association, with which the Company has a commercial banking relationship, Wells Fargo Bank, National Association, with which the Company has a commercial banking relationship and Credit Agricole, with which the Company has a commercial banking relationship.
The information set forth above in Item 1.01 is hereby incorporated by reference into this Item 2.03.
(d) Exhibits
10.1 Eighth Amendment to the Fourth Amended and Restated Receivables Purchase
Agreement, dated February 4, 2013, among FleetCor Funding LLC, FleetCor
Technologies Operating Company, LLC, the various purchaser agents, conduit
purchasers and related committed purchasers listed on the signature pages
thereto, and PNC Bank, National Association, as administrator.
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