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CHS INC — Capital/Financing Update 2008
Mar 6, 2008
35505_rns_2008-03-06_4553eb8d-1c28-45d4-a3d9-9a42b1764304.zip
Capital/Financing Update
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8-K 1 htm_25965.htm LIVE FILING CoverPageHeader start html PUBLIC "-//W3C//DTD HTML 3.2//EN" CHS Inc. (Form: 8-K)
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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): March 5, 2008
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CHS Inc. ______ (Exact name of registrant as specified in its charter)
| Minnesota | 0-50150 | 41-0251095 |
|---|---|---|
| ___ (State or other jurisdiction | _______ (Commission | __ (I.R.S. Employer |
| of incorporation) | File Number) | Identification No.) |
| 5500 Cenex Drive, Inver Grove Heights, Minnesota | 55077 | |
| _________ (Address of principal executive offices) | _____ (Zip Code) |
Registrants telephone number, including area code: 651-355-6000
Not Applicable __________ Former name or former address, if changed since last report
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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:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 1.01 Entry into a Material Definitive Agreement.
On March 5, 2008, CHS Inc. amended its $1.3 billion five-year committed line of credit. The substantive changes to the revolving credit agreement that were made by the amendment include: (a) increasing the amount of draws under the credit agreement available to pay commercial paper issued by CHS from $100 million to $200 million, and (b) increasing the maximum amount of guarantees of other parties' liabilities, which CHS can provide in the ordinary course of business, from $150 million to $500 million. Other clarifying amendments which did not substantially change the terms of the credit agreement were also made.
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Item 9.01 Financial Statements and Exhibits.
d) Exhibits 10.1 Third Amendment to 2006 Amended and Restated Credit Agreement by and among CHS Inc., CoBank, ACB, and the Syndication Parties dated March 5, 2008.
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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.
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| /s/ John Schmitz |
|---|
| Name: John Schmitz |
| Title: Executive Vice President and Chief Financial Officer |
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Exhibit Index
| Exhibit No. | Description |
|---|---|
| 10.1 | Third Amendment to 2006 Amended and Restated Credit Agreement by and among CHS Inc., CoBank, ACB, and the Syndication Parties dated March 5, 2008. |
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