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): June 24, 2008
URS CORPORATION
(Exact name of registrant as specified in its charter)
Delaware (State of jurisdiction of incorporation) | |
1-7567 (Commission File No.) | 94-1381538 (IRS Employer Identification No.) |
600 Montgomery Street, 26th Floor
San Francisco, California 94111-2728
(Address of principal executive offices and zip code)
Registrant’s telephone number, including area code: (415) 774-2700
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 (see General Instruction A.2. below):
| 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 1.01. | Entry into a Material Definitive Agreement. |
| (a) | On June 19, 2008 URS Corporation (the “Company”) entered into the First Amendment (the “First Amendment”) to the Credit Agreement, with Morgan Stanley Senior Funding, Inc., as a joint-lead arranger and syndication agent for lenders and Wells Fargo Bank, N.A., as a joint-lead arranger and as administrative agent for the lenders. The First Amendment amends the Credit Agreement so that if the Company attains designated financial criteria it may be allowed to make open market purchases of up to 1,000,000 shares of capital stock in any fiscal year. The foregoing description of the First Amendment is qualified in its entirety by reference to Exhibit 4.1 below. |
Item 9.01. Financial Statements and Exhibits.
(c) Exhibits
| 4.1 | First Amendment to the Credit Agreement dated as of June 19, 2008, entered into by and among URS, a syndicate of lenders party thereto, Morgan Stanley Senior Funding, Inc., as a joint-lead arranger and syndication agent for lenders, and Wells Fargo Bank, N.A., as a joint-lead arranger and as administrative agent for the lenders. |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, URS Corporation has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| URS CORPORATION | |||
Dated: June 24, 2008 | By: | /s/ Reed N. Brimhall | |
| Reed N. Brimhall | |||
| Vice President, Controller and Chief Accounting Officer | |||
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EXHIBIT INDEX
| Exhibit | ||
| Number | Description | |
| First Amendment to the Credit Agreement dated as of June 19, 2008, entered into by and among URS, a syndicate of lenders party thereto, Morgan Stanley Senior Funding, Inc., as a joint-lead arranger and syndication agent for lenders, and Wells Fargo Bank, N.A., as a joint-lead arranger and as administrative agent for the lenders. |
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