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This excerpt taken from the AKS 8-K filed Feb 23, 2007. Item 1.02 Termination of a Material Definitive Agreement. On February 20, 2007, the Company terminated its $400 million, five-year revolving credit facility (the $400 Million Facility), entered into on July 24, 2003, among a syndicate of lenders, with Credit Suisse First Boston as Lead Arranger, Book Running Manager, and Administrative Agent. The $400 Million Facility was secured by the Companys inventory and accounts receivable. Copies of the credit agreement documents for the $400 Million Facility were filed by AK Steel Holding Corporation as Exhibits 4.1, 4.2, and 4.3 to the July 24, 2003 Current Report on Form 8-K (File No. 1-13696). On February 20, 2007, the Company also terminated its $300 million revolving credit facility (the $300 Million Facility), entered into on May 27, 2004, among a syndicate of lenders, with
General Electric Capital Markets Group, Inc., as Lead Arranger, and General Electric Capital Corporation, as Administrative Agent. The $300 Million Facility was secured by the Companys accounts receivable and was due to mature on July 25, 2007. Copies of the credit agreement documents for the $300 Million Facility were filed by AK Steel Holding Corporation as Exhibits 4.1, 4.2, and 4.3 to the May 27, 2004 Current Report on Form 8-K (File No. 1-13696). |
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