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

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
PCL > SEC Filings for PCL > Form 8-K on 12-Nov-2013All Recent SEC Filings

Show all filings for PLUM CREEK TIMBER CO INC



Entry into a Material Definitive Agreement, Creation of a Direct Financi

Item 1.01 Entry Into a Material Definitive Agreement.
(a) On November 8, 2013, Plum Creek Timberlands, L.P. (the "Partnership"), a wholly-owned operating subsidiary of Plum Creek Timber Company, Inc. (the "Company"), entered into a second amendment (the "Amendment") to its Revolving Credit Agreement dated March 2, 2012, as amended, governing the terms of the Partnership's $700 million revolving credit facility (the "Revolving Credit Agreement") with Wells Fargo Bank, National Association, as administrative agent for the lenders party thereto and as a lender, and several other financial institutions party thereto, as lenders. Among other things, the Amendment extends the maturity date of the Revolving Credit Agreement from April 3, 2017 to January 15, 2019. The Amendment, filed as exhibit 10.1 to this Form 8-K, is incorporated into this Item 1.01 by reference. After giving effect to the Amendment, Wells Fargo Bank, National Association, The Bank of Tokyo-Mitsubishi UFJ, Ltd., The Royal Bank of Scotland plc, JPMorgan Chase Bank, N.A., U.S. Bank National Association, Bank of America, N.A., Cooperative Centrale Raiffeisen-Boerenleenbank B.A., "Rabobank Nederland", New York Branch, Goldman Sachs Bank USA and The Northern Trust Company are lenders under the Revolving Credit Agreement. Each of the foregoing named financial institutions is an affiliate of another financial institution that has performed, and may perform from time to time in the future, various financial advisory, investment banking or general financing services for the Company and the Partnership. The foregoing description of the Amendment is a general description only, does not purport to be complete and is qualified in its entirety by reference to the Amendment, which is filed as Exhibit 10.1 hereto and incorporated into this report by reference. The Amendment contains representations and warranties that the Partnership made to the several lenders that are party to the Amendment and the Revolving Credit Agreement as of a specific date. The assertions embodied in those representations and warranties were made solely for purposes of the contractual agreements between the parties to the Amendment and the Revolving Credit Agreement and may be subject to important qualifications and limitations agreed by the parties in connection with negotiating the terms of the Amendment. Moreover, some of those representations and warranties may not be accurate or complete as of any specified date, may be subject to a contractual standard of materiality different from those generally applicable to investors, or may have been used for the purpose of allocating risk between the parties rather than establishing matters as facts. For the foregoing reasons, investors should not rely on the representations and warranties as statements of factual information.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an
Off-Balance Sheet Arrangement of a Registrant.
(a) The information disclosed in this Current Report under Item 1.01 is incorporated into this Item 2.03 by reference.

Item 9.01 Financial Statements and Exhibits
(d) Exhibits. The following exhibit is filed with this report:
Exhibit No.    Description

   10.1        Second Amendment to Revolving Credit Agreement dated as of
               November 8, 2013 by and among Plum Creek Timberlands, L.P., Wells
               Fargo Bank, National Association, as administrative agent for the
               lenders party thereto and as a lender, and the other lenders party

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