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GFN > SEC Filings for GFN > Form 8-K on 29-May-2013All Recent SEC Filings

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Form 8-K for GENERAL FINANCE CORP


29-May-2013

Entry into a Material Definitive Agreement, Financial Statements and Exhibit


Item 1.01 Entry Into a Material Definitive Agreement

On May 23, 2013 (in Australia) Royal Wolf (ASX:RWH) amended its senior secured credit facility with Australia and New Zealand Banking Group Limited ("ANZ") pursuant to a Variation Letter executed on May 23, 2013 that, among other things, (i) extended the maturity date of the A$71 million cash advance facility
(the "Cash Advance Facility") from June 30, 2014 to September 30, 2016, (ii)
lowered the interest rate for the Cash Advance Facility to the ANZ bank base rate plus a margin of $0.45%, (iii) set the line fee for the Cash Advance Facility at 1.5%, (iv) extended the maturity date of the NZ$28.5 million flexible rate term loan facility (the "New Zealand Facility") from June 30, 2014 to September 30, 2016 and (v) reduced the interest rate for the New Zealand Facility to the bank bill mid rate (BKBM) plus 1.95%.

A copy of the Variation Letter executed on May 23, 2013 is attached as Exhibit 10.1 and is incorporated herein by reference.



Item 9.01 Financial Statements and Exhibits

Exhibit Exhibit Description

10.1 Variation Letter executed May 23, 2013 among Australia and New Zealand Banking Group Limited and Royal Wolf


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