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

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
FLXS > SEC Filings for FLXS > Form 8-K on 27-Feb-2014All Recent SEC Filings

Show all filings for FLEXSTEEL INDUSTRIES INC

Form 8-K for FLEXSTEEL INDUSTRIES INC


27-Feb-2014

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


Item 1.01. Entry into a Material Definitive Agreement.

On February 25, 2014, Flexsteel Industries, Inc. (the "Company") entered into an $8 million unsecured line of credit with American Trust and Savings Bank. Any amounts outstanding will bear interest of 2.0% below the Wall Street Journal U.S. Prime Rate. The line of credit matures on February 13, 2015. The line of credit will be used for the Company's working capital needs. No amount is outstanding under this line of credit.

The promissory note related to this line of credit is attached to this Current Report on Form 8-K as Exhibits 10.1.



Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information set forth under Item 1.01 above is incorporated into this Item 2.03 by reference.



Item 9.01 Financial Statements and Exhibits.

(a) Not applicable
(b) Not applicable
(c) Not applicable
(d) Exhibits

Exhibit No.    Description

Exhibit 10.1   Promissory Note dated February 14, 2014 between Flexsteel
               Industries, Inc. and American Trust and Savings Bank

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

FLEXSTEEL INDUSTRIES, INC.
(Registrant)

Date: February 27, 2014 By: /s/ Timothy E. Hall Timothy E. Hall Principal Financial Officer, SVP-Finance and CFO

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