Lions Gate Entertainment 8-K 2009
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): November 24, 2009
Lions Gate Entertainment Corp.
(Exact name of registrant as specified in charter)
British Columbia, Canada
(State or Other Jurisdiction of Incorporation)
(Address of principal executive offices)
1055 West Hastings Street, Suite 2200
Vancouver, British Columbia V6E 2E9
2700 Colorado Avenue, Suite 200
Santa Monica, California 90404
Registrants telephone number, including area code: (877) 848-3866
(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:
Item 1.01 Entry into a Material Definitive Agreement.
On November 24, 2009, Lions Gate Entertainment Inc. (LGE), Lions Gate UK Limited (LGUK) and Lions Gate Australia Pty Limited (LGA, and, together with LGE and LGUK, the Borrowers), all wholly-owned subsidiaries of Lions Gate Entertainment Corp. (the Company), entered into Amendment No. 2 (the Amendment) to the Second Amended and Restated Credit, Security, Guaranty and Pledge Agreement dated as of July 25, 2008 (the Credit Agreement) with the guarantors and lenders referred to therein, JP Morgan ChaseBank, N.A., as administrative agent and issuing bank, and Wachovia Bank, N.A., as syndication agent. In connection with the Amendment, the Company paid fees to the lenders equal to approximately $0.3 million.
The Credit Agreement, which expires July 25, 2013, continues to provide for a $340 million secured revolving credit facility, of which $20 million may be utilized by LGUK and $10 million may be utilized by LGA. The Amendment amends the Credit Agreement to, among other things: (i) permit the use of cash held as cash collateral for the PA Loan (as defined in the Amendment) to acquire Convertible Senior Subordinated Notes (as defined in the Amendment); and (ii) add a certain party to the list of Acceptable Domestic Account Debtors (as defined in the Amendment).
Item 9.01 Financial Statements and Exhibits.
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.