Delaware | 061576013 | |
(State or other jurisdiction of | (IRS Employer | |
incorporation) | Identification No.) |
[ ] 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))
The obligations under the Term Loan are guaranteed by the Company and certain of the Company's existing wholly-owned subsidiaries. The Term Loan is secured by a first-priority mortgage on the Company's recently-acquired facility located in Anaheim, California, pursuant to the terms of a deed of trust.
Proceeds received by the Company from the Term Loan will be used for working capital and general corporate purposes.
The summary set forth above is not intended to be complete and is qualified in its entirety by reference to the full text of the agreement, which will be filed as an exhibit to the Company's Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2012 to be filed in due course.
DDi CORP. | ||||||||
Date: April 02, 2012 | By: | /s/ Kurt E. Scheuerman | ||||||
Kurt E. Scheuerman | ||||||||
Vice President and General Counsel | ||||||||