UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 15, 2005
CABELA’S INCORPORATED
(Exact name of registrant as specified in its charter)
Delaware | 1-32227 | 20-0486586 |
| (State or other jurisdiction | (Commission | (I.R.S. Employer |
| of incorporation) | File Number) | Identification No.) |
One Cabela Drive, Sidney, Nebraska 69160
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (308) 254-5505
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):
[ ] 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 1.01 | Entry Into a Material Definitive Agreement. |
On July 15, 2005, Cabela’s Incorporated (the “Company”) entered into a Second Amended and Restated Credit Agreement with the lenders named therein, U.S. Bank National Association, as Administrative Agent, and Lasalle Bank National Association, Wachovia Bank, National Association, and Wells Fargo Bank, National Association, as Co-Syndication Agents (the “Amended Credit Agreement”). The Amended Credit Agreement amends and replaces in its entirety the Company’s $230,000,0000 Amended and Restated Credit Agreement dated as of May 6, 2004. The Amended Credit Agreement provides for a $325,000,000 revolving credit facility with a $150,000,000 sublimit for the issuance of letters of credit and a $20,000,000 sublimit for swing line loans. The credit facility may, under the Amended Credit Agreement, be increased to $450,000,000 subject to certain terms and conditions. The Amended Credit Agreement extends the term of the credit facility to June 30, 2010. In addition, under the Amended Credit Agreement, certain limitations are eliminated with regard to the temporary pay down of revolving loans. Advances under the credit facility will be used for the Company’s general business purposes, including working capital support. The foregoing description of the Amended Credit Agreement does not purport to be complete and is qualified in its entirety by reference to such document, a copy of which is attached hereto as Exhibit 10. Certain of the lenders under the Amended Credit Agreement, or their respective affiliates, have provided, currently provide, and/or may in the future provide investment banking, commercial banking, and/or other services to the Company and its subsidiaries. Customary fees have been, or may in the future be, paid for these services. |
Item 2.03 | Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. |
The information included in Item 1.01 of this report is incorporated by reference into this Item 2.03. |
Item 9.01 | Financial Statements and Exhibits. |
| | (c) Exhibits. |
| | | Second Amended and Restated Credit Agreement dated July 15, 2005, among Cabela’s Incorporated, various lenders party thereto, and U.S. Bank National Association as Administrative Agent. |
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.
| | | CABELA’S INCORPORATED |
| | | |
| Dated: July 15, 2005 | By: | /s/ Ralph W. Castner |
| | | Ralph W. Castner |
| | | Vice President and Chief Financial Officer |
INDEX TO EXHIBITS
| | Exhibit No. | | Description |
| | | | |
| | | | Second Amended and Restated Credit Agreement dated July 15, 2005, among Cabela’s Incorporated, various lenders party thereto, and U.S. Bank National Association as Administrative Agent. |
| | | | |
