Credit Agreement


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 

FORM 8-K
 
 

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) - September 25, 2014
 
 

SIFCO Industries, Inc.
(Exact name of registrant as specified in its charter)
 
 

 
 
 
 
 
 
Ohio
 
1-5978
 
34-0553950
(State or other jurisdiction
of incorporation)
 
(Commission
File Number)
 
(IRS Employer
Identification No.)
 
 
970 East 64th Street, Cleveland Ohio
 
44103
(Address of principal executive offices)
 
(ZIP Code)
Registrant’s telephone number, including area code: (216) 881-8600
N.A.
(Former name or former address, if changed since last report.)
 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 

o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 

o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 

o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 

o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))





Item 1.01
Entry into a Material Definitive Agreement.

Effective September 25, 2014, SIFCO Industries, Inc. (“SIFCO”) entered into a third amendment to its existing credit agreement (the “Credit Agreement Amendment”) with Fifth Third Bank. The Credit Agreement Amendment revises certain definitions regarding the financial covenants included therein. The foregoing description of the Credit Agreement Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Credit Agreement Amendment attached to this Form 8-K as Exhibit 4.1 and incorporated herein by reference

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

The disclosure in Item 1.01 and Exhibit 4.1 of this report are incorporated herein by reference


Item 99.01
Financial Statements and Exhibits.

(d) Exhibits

4.1
Third Amendment to Credit and Security Agreement, dated as of September 25, 2014, by and among SIFCO, T & W Forge, LLC, Quality Aluminum Forge, LLC, General Aluminum Forgings, LLC, and Fifth Third Bank

      
 

SIGNATURES
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.
 

 
 
 
 
 
SIFCO Industries, Inc.
 
 
(Registrant)
 
 
Date: September 29, 2014
 
 
 
 
/s/ Catherine M. Kramer
 
 
Catherine M. Kramer
 
 
Vice President – Finance and Chief Financial Officer
 
 
(Principal Financial Officer)