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ROC > SEC Filings for ROC > Form 8-K on 11-Sep-2013All Recent SEC Filings

Show all filings for ROCKWOOD HOLDINGS, INC.



Change in Directors or Principal Officers, Other Events

Item 5.02. Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) On September 6, 2013, Mark C. Kelly, principal accounting officer of Rockwood Holdings, Inc. (the "Company") and its Vice President Corporate Finance, resigned to pursue other career opportunities.

(c) Effective September 6, 2013, Robert J. Zatta, Senior Vice President and Chief Financial Officer of the Company, reassumed the additional duties of principal accounting officer.

Item 8.01. Other Events

On September 10, 2013, Rockwood Specialties Group, Inc., a subsidiary of the Company ("RSGI") entered into a Reimbursement Agreement with TD Bank, N.A., pursuant to which TD Bank will issue at RSGI's request letters of credit on behalf of RSGI (or for the account of its subsidiaries) in an aggregate face amount at any time outstanding of up to $30,000,000 to replace letters of credit currently under the Company's senior secured credit facility, subject to the terms and conditions set forth therein. Pursuant to the Reimbursement Agreement, RSGI will pay a fronting fee at a rate of 1.40% per annum on the average daily amount of issued and outstanding letters of credit, and will reimburse TD Bank for any drawings made on letters of credit within one business day.

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