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): | April 23, 2007 |
Exide Technologies
__________________________________________
(Exact name of registrant as specified in its charter)
Delaware | 1-11263 | 23-0552730 |
_____________________ (State or other jurisdiction |
_____________ (Commission |
______________ (I.R.S. Employer |
of incorporation) | File Number) | Identification No.) |
13000 Deerfield Parkway, Building 200, Alpharetta, Georgia | 30004 | |
_________________________________ (Address of principal executive offices) |
___________ (Zip Code) |
Registrants telephone number, including area code: | (678) 566-9000 |
Not Applicable
______________________________________________
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:
[ ] 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))
Item 8.01 Other Events.
On April 23, 2007, Exide Technologies (the "Company") executed a commitment letter with Deutsche Bank AG New York Branch, Deutsche Bank Securities, Inc., Credit Suisse Cayman Islands Branch, Credit Suisse Securities (USA) LLC, Wachovia Bank, National Association and Wachovia Capital Markets, LLC (the "Agents"). Subject to the terms and conditions of the commitment letter, the Agents agree to provide senior credit facilities aggregating $495 million, consisting of a $295 million secured term loan facility, and up to a $200 million asset-based revolving credit facility, subject to availability. These facilities would replace the Company's existing senior credit agreement. The Company currently anticipates the facilities will close and fund in May 2007.
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.
Exide Technologies | ||||
April 24, 2007 | By: |
Phillip A. Damaska
|
||
|
||||
Name: Phillip A. Damaska | ||||
Title: Senior Vice President and Corporate Controller |