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

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
DST > SEC Filings for DST > Form 8-K on 17-May-2013All Recent SEC Filings

Show all filings for DST SYSTEMS INC | Request a Trial to NEW EDGAR Online Pro

Form 8-K for DST SYSTEMS INC


17-May-2013

Entry into a Material Definitive Agreement, Financial Statements and Exhibits


Item 1.01 Entry into a Material Definitive Agreement

Extension of accounts receivable securitization program

DST Systems, Inc. (the "Company") participates in a $150 million accounts receivable securitization program (the "Program") with Bank of America, National Association, with commitments extending to May 16, 2013 (subject to conduit rights to terminate the program upon certain events and unless otherwise extended in accordance with the Agreement). The Program has been described in Form 8-Ks dated May 21, 2009 ("Initial 8-K"), May 20, 2010, May 19, 2011 and May 17, 2012 (collectively, the "Form 8-Ks").

On May 16, 2013, by entering into Amendment No. 8 to the Agreement (the "Amendment"), the Corporation extended its participation in the Program through May 15, 2014.

The Receivables Purchase Agreement (the "Agreement") was filed with the Initial 8-K. Amendments to the Agreement were filed as exhibits to the Form 10-Q for the period ended June 30, 2009, the Form 10-K for the period ended December 31, 2009, the Form 10-Q for the period ended June 30, 2010, the Form 8-K dated May 19, 2011, the Form 10-K for the period ended December 31, 2011 and the Form 8-K dated May 17, 2012. This summary does not purport to be complete, and is qualified in its entirety by reference to the Form 8-Ks, the Agreement and amendments, and the Amendment which is attached hereto as Exhibit 10.1.

This report may contain forward-looking statements with respect to the accounts receivable securitization program and other matters discussed herein. Such information is based upon currently available information and DST's views as of today, and actual actions, results or accounting treatments could differ. There could be a number of factors affecting the securitization program or its financial statement impact, as well as factors affecting our future performance or results, including those described in DST's latest annual report on Form 10-K or quarterly report on Form 10-Q filed with the Securities and Exchange Commission. All such factors should be considered in evaluating any forward-looking statement. We will not update any forward-looking statements in this report to reflect future events.



Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit Number                               Description

10.1              Amendment Number 8 to Receivables Purchase Agreement dated as of
                  May 16, 2013, among Fountain City Finance, LLC; Bank of America,
                  National Association; the Company and certain Company subsidiaries


  Add DST to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for DST - 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 © 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.