photronics_8k.htm
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) May 7,
2010
|
PHOTRONICS, INC. |
|
|
(Exact name of registrant as specified in its
charter) |
|
Connecticut |
|
0-15451 |
|
06-0854886 |
(State or other jurisdiction |
|
(Commission |
|
(IRS Employer |
of incorporation) |
|
File Number) |
|
Identification
Number) |
15 Secor Road, Brookfield, CT |
|
06804 |
(Address of Principal Executive
Offices) |
|
(Zip Code) |
Registrant's Telephone Number,
including area code
(203)
775-9000
|
(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:
o
|
|
Written communications pursuant to Rule
425 under the Securities Act (17 CFR 230.425) |
o
|
|
Soliciting material pursuant to Rule
14a-12 under the Exchange Act (17 CFR 240.14a-12) |
o
|
|
Pre-commencement communications pursuant
to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
o
|
|
Pre-commencement communications pursuant
to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c)) |
Item
1.02 |
|
Entry into Material Definitive
Agreement |
|
|
|
|
|
On May 7, 2010, the
Company entered into Amendment No. 1 to the Amended and Restated Credit
Agreement by and among Photronics, Inc., the Foreign Subsidiary Borrowers
from time to time parties thereto, the institutions from time to time
parties thereto as Lenders and JPMorgan Chase Bank, N.A. in its capacity
as Administrative Agent for itself and the other lenders and as Collateral
Agent and RBS Citizens, National Association as Syndication Agent (the
“Credit Agreement”). Amendment No. 1 expands the facility to $65 million
from $50 million. In addition to JPMorgan Chase Bank, N.A. and RBS
Citizens, National Association; TD Bank, N.A. has now joined the
facility. |
Item 9.01 |
|
Financial Statements and
Exhibits |
|
|
|
|
|
(d) Exhibits 99.1 |
|
Amendment No. 1
to the Amended and Restated Credit Agreement dated as of May 7,
2010. |
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.
PHOTRONICS, INC. |
(Registrant) |
DATE: |
May 7,
2010 |
|
BY
|
/s/ Richelle E. Burr |
|
|
|
|
Richelle E. Burr |
|
|
Vice President, General
Counsel |
|
PHOTRONICS, INC. |
|
|