Ecolab 8-K 2012
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) April 10, 2012
(Exact name of registrant as specified in its charter)
Registrants telephone number, including area code 1-800-232-6522
(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)
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o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Item 1.01. Entry into a Material Definitive Agreement.
On April 10, 2012, Ecolab Inc. (Ecolab) gave notice pursuant to Section 2.08 of the 364-Day Credit Agreement, dated as of September 8, 2011 (the Credit Agreement), by and among Ecolab, the lenders party thereto, Bank of America, N.A., as administrative agent, and JPMorgan Chase Bank, N.A., Sumitomo Mitsui Banking Corporation and The Bank of Tokyo-Mitsubishi UFJ, Ltd., as co-syndication agents, that Ecolab has elected to reduce the aggregate amount of the commitments under the Credit Agreement from $2,000,000,000 to $1,000,000,000. The maximum amount of commercial paper that may be issued under Ecolabs U.S. commercial paper program will be correspondingly reduced from $3.5 billion to $2.5 billion. The reduction of the commitments under the Credit Agreement and the reduction of the size of the U.S. commercial paper program become effective as of April 13, 2012. In all other respects, the Credit Agreement and the U.S. commercial paper program remain unmodified and in full force and effect.